Bearish Flag on BTCUSDT BitcoinBased on technical factors there is a Short position in :
📊 BTCUSDT Bitcoin
🔴 Short Now 20750.00
🧯 Stop loss 22300.00
🏹 Target 1 19300.00
🏹 Target 2 17650.00
🏹 Target 3 14000.00
💸Capital : 1%
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Crypto-trading
Trading opportunity for ETHUSDT - EthereumBased on technical factors there is a Short position in :
📊 ETHUSDT
🔴 Short Now 1662.00
🧯 Stop loss 1790.00
🏹 Target 1 1525.00
🏹 Target 2 1275.00
🏹 Target 3 1001.00
💸Capital : 1%
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✅LITECOIN LOCAL SHORT🔥
✅LITECOIN has hit a key structure level
Which implies a high likelihood of a move down
As some market participants will be taking profit from their long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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Bearish Flag on BTCUSDT BitcoinBased on technical factors there is a Short position in :
📊 BTCUSDT Bitcoin
🔴 Short Now 20900.00
🧯 Stop loss 22300.00
🏹 Target 1 19900.00
🏹 Target 2 18300.00
🏹 Target 3 15000.00
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Ethereum merge: the ETH 2.0 road to centralization?Ethereum merge: the ETH 2.0 road to centralization?
Ethereum is all set to go for a transition to Proof of Stake.
Ethereum merge will impact the system, giving rise to new stakeholders, ‘builders.’
These builders will change the power structure as they come to the fore.
Ethereum management said they are monitoring the situation and will take the required actions to prevent centralization.
Ethereum merge is drawing closer as the developers suggest successfully completing the required steps. The transition will be complete by 15 September, according to the timeframe given by Ethereum developers. As the transition is complete, Ethereum will shift from Proof of Work to Proof of Stake consensus. Every change comes with possible repercussions, and the case is no different for Ethereum.
As Ethereum experiences a transition from Proof of Work to Proof of Stake, its stakeholders might see a change in their power. The said changes will mainly affect miners who ensure the system’s smooth flow through mining. They will be replaced by those who work on staking. Analysts suggest that these changes will bring Ethereum to centralization, strengthening the control of the few. There is no certainty, but the possibility of it can’t be shrugged off.
Bitcoin Chart OverviewI published an overview of Bitcoin chart over a month ago but not here in TradingView as an idea. I decided to republish that as an idea to help track the price easier and quicker than already. hope it gives you a clear idea where we're now, where we could get in the rest of days and months of 2022.
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ETH - Potential New Channel FormingNow that we have a trend break and new low, I'll expect prices to correct in the immediate short term.
But with most support at 1700, I suspect prices will ultimately land there, with a few short term corrections up.
So I think the new trend is a less steep, more gradual move down to 1700.
Will update with new price action as we go.
As always, follow along for updates.
🤙🏽
Bitcoin : Crash AlertHello Team,
Short Play:
As we can see Bitcoin is in a rising wedge which is a bearish pattern. A break of this pattern can lead to more downward momentum in the markets. If this structure breaks with confirmation BTC can look to test the ~18.6K level again.
The bulls would need a strong momentum push to the upside to break this pattern which is a lower probability.
Happy Trading!
Algousdt perpetual binance H4 update #ALGO_USDT:
#ALGO Showing perfect Downtrend Channel on 4hr time frame and now testing the lower support zone of the channel. If #ALGO Break down the channel then we will see Bearish momentum on it. Otherwise if it will bounce then it will go for upper resistance zone of the channel.
BTCUSDT - SellHello traders,
as the price is now at the resistance of the higher TF and the M15 is starting to trend down, I would focus on this selling opportunity! Please follow your money management and earn money smartly. Good luck!
IMPORTANT WARNING:
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Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume (again 25%)
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!