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Btcusdtsell

BTC create small Head and Shoulders 2h time frame - There are two resistance zones Bitcoin reached recently. 1st at 26650~26850, 2nd at 27450~27800. Standard strong pump should turn the 1st zone into support after breaking up. However, we can see Bitcoin just went down through 26650~26850. This trend implies weak sign on market. Therefore, if Bitcoin takes more time to create a consolidation structure between 26350~26930, a Head and Shoulders will be following. TP: 25824~25694 / 25271
by EthanTW
BTCUSDT likely to head towards daily support around 26266-26500The price did not hold the previous daily support and broke down from there. It did not claim that support quickly and went further in the downward direction. This suggests that the price wants to visit at the next daily support which is marked as DS1 on the chart. This support is sitting around 26266-26500. I believe the price has a better chance to bounce from there now. In case for a long, I think we should have patience for the price to reach there. Meanwhile short trades can be taken on bounces on lower time frame.
Short
by angela_altair
Strong Sell Opportunity in 4 Hours Chart for BitcoinSince the 200 SMA is respected and the trendline I drew is broken, I take a loss from my position in my recent idea (see the link to related ideas). I lose a little compared to what I will gain this day. This is very bearish and we might get a big dump later this day. The DMI indicates that: 1. -DI is going above 30 level and it is above the ADX and +DI so this is very bearish. 2. As long as the -DI is above the ADX, I will hold my short position.
Short
by UnknownUnicorn13326052
2