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Btcanalysis

CountOnCrypto - Bitcoin Swing Trade - 17/04/2023Swing Failure Pattern of the market structure high. I would still consider the market structure bullish on the MTF-HTF as we've found support at the old market structure high which was flipped from resistance to support then had an SFP with a lot of shorts opening between here and when we lost the 30k psychological support. Target is based off the liquidity at 30.8k. Stoploss below the low as that's a clear invalidation on the basis of the SFP and market structure! Lovely swing trade setup for me.
BYBIT:BTCUSD.PLong
by CountOnCrypto
1
ADA/USD 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano (ADA) rose for an eighth straight session on Friday, with today’s gains sending the token to a seven-month high. ADA/USD raced to an intraday peak of 0.4441 earlier in today’s session, after trading at a low of 0.4115 on Thursday. Friday’s surge in price saw Cardano climb to its strongest point since September 27, when prices hit a high of 0.4631. Looking at the chart, today’s jump came following a breakout of a key resistance level of 0.4230. the relative strength index (RSI) also moved beyond its own ceiling at 65.00 and is currently tracking at 71.06. An upcoming ceiling at 72.00 now awaits ADA bulls, and should they fail to move past this point, earlier gains may fade. This is not a piece of financial advice. Thank you
COINBASE:ADAUSD
by CryptoSanders9563
3
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-It continued to trade above 30,000 on Thursday as crypto markets remained buoyed by the latest US inflation report, which fell to 5%. After hitting a low of 29,725.57 on Wednesday, BTC/USD rose to a one-day high of 30,462.48. The move kept Bitcoin close to its ten-month high of 30,584 during Tuesday's trading session. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
Bitcoin Pattern At The Start Of A Catastraphic Down Move!*Disclaimer: Not Financial Advice* IMPORTANT: By Now We have quadruple bearish RSI divergence and double bearish divergence on Stoch RSI BTC all time high pattern is repeating right now (purple rectangle) I've talked about it in video - EVEN the divergence are the same. DXY Broke the descending wedge and is consolidating , with todays news it could surge up which will follow in BTC,SPX,NQ1 sell off *Strongly Encourage to watch this until the end* PLEASE consider SUPPORTING Me by Boost,Follow,Comment and Sharing-
BINANCE:BTCUSD.PShort
by pcmonk
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) was once again trading under $28,000 on Thursday, as markets began to prepare for tomorrow’s non-farm payrolls report. BTC/USD dropped to an intraday low of $27,831.56 in today’s session, which comes less than 24 hours after trading at a high of $28,714.22. The move came as bitcoin bulls were unable to sustain a breakout of a key resistance level of $28,500. Looking at the chart, this latest drop in price came as the 14-day relative strength index (RSI) dropped below a floor of 58.00. As of writing this, the index is now tracking at 57.80, with the 10-day (red) moving average nearing a downward cross with its 25-day (blue) counterpart. Should sentiment remain bearish, there is a strong possibility that BTC will fall to a floor at $27,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC Long 1Hr Analysis The price will likely go around 28620 to test the nearest resistance because of the following reasons: RSI Currently, the price is at 37 on RSI so will definitely go to 70 and above thus the price will go upside. Parallel Ascending Channel Price is moving in a channel and currently at the support of this channel. we can see a bounce back from this level to the next resistance which is around 28620. Price at support Price is on a major support level between 2800 and 27860 and respecting this resistance. Bullish Engulfing Candle A bullish engulfing candle is a good sign for the entry near the support so all these indicators and signs are showing a good entry and the exit price is around 28620 which gives the 800 points in BTC.
Long
by sanasaeed
2
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) started the week consolidating around the $28,000 level, as volatility in crypto markets remained high. Following a low of $27,607.67 earlier in today’s session, BTC/USD rose to a peak at $28,475.62 as the day progressed. The move saw bitcoin move closer to a recent resistance level of $28,500, which was broken over the weekend. The recent price consolidation comes as the 14-day relative strength index (RSI) failed to move beyond a ceiling of 65.00. As of writing, the index is tracking at 62.00, which is also a key point of support for traders. Overall, the world’s largest cryptocurrency is now trading 1.46% higher than at the same time last week. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
1
$BTC/USD 6H Bearish Diamond Future Price ActionIntroduction: Bitcoin , the world's most popular cryptocurrency, has recently exhibited a bearish diamond formation in its price movement. In this analysis, we will explore the implications of this pattern, the estimated breakdown price, potential long entry points, and the prospects of a correction before a further move to 32k. Bearish Diamond Formation: The bearish diamond is a relatively rare chart pattern in technical analysis , formed when the price of an asset expands and contracts within a specific diamond shape. This pattern is considered bearish because it usually signals a trend reversal from an uptrend to a downtrend. Price Breakdown: The bearish diamond formation in Bitcoin's price movement indicates that it could potentially break down to an estimated price of 27.2k. This breakdown price is derived from the measurement of the widest part of the diamond, projected downwards from the point of breakout. Long Entry Points: Considering the bearish diamond pattern, traders may look for long entry points between 24.2k and 25.8k. This range represents a possible area of price support, as it lies below the estimated breakdown price of 27.2k. Entering at these levels may provide a favorable risk-to-reward ratio, especially if the price rebounds from this range. Correction and Move to 32k: Despite the bearish nature of the diamond formation, I believe that Bitcoin is displaying a correction before a further move to 32k. This scenario suggests that the bearish diamond formation could be a temporary setback before a resumption of the uptrend. If this is the case, the price would need to stabilize and reverse from the long entry range of 24.2k-25.8k, followed by a sustained upward movement. Key Factors to Consider: For the correction scenario to play out and Bitcoin to reach 32k, several factors should be monitored: Volume: A significant increase in buying volume could signal a potential trend reversal, supporting the idea of a correction before a move to 32k. Liquidation Volumes and funding rates will impact these volumes as well. Market Sentiment: Positive news, developments, or a change in market sentiment may contribute to a shift in the price trend. Technical Indicators: Keep an eye on key technical indicators such as Moving Averages, RSI , and MACD , as they can provide insights into the strength of the trend and possible reversal points. Conclusion: The bearish diamond formation in Bitcoin's price movement suggests a possible breakdown to 27.2k, with long entry points between 24.2k and 25.8k. However, some analysts believe this pattern may represent a correction before a move to 32k. To validate this outlook, traders should closely monitor factors such as volume , market sentiment, and technical indicators. As always, it is crucial to manage risk and set appropriate stop-loss levels when trading cryptocurrencies.
BITFINEX:BTCUSD
by I2COOL4SKOOL
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) rose towards $29,000 on Saturday, as markets continued to react to yesterday’s consumption expenditure (PCE) figures in the United States. PCE climbed to 0.3% in March, less than the 0.4% markets were expecting, showing that inflation was slowing. BTC/USD rose to an intraday high of $28,802.46 earlier in today’s session, which comes a day after trading at a low of $27,854.63. Looking at the chart, the move saw BTC briefly breakout of a long-term resistance level of $28,500. Earlier gains have since declined, which comes as the 14-day relative strength index (RSI) failed to move beyond a ceiling at 65.00. As of writing this, the index is now tracking at 63.65, with a floor of 62.00 a possible target for sellers. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) fell below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data. BTC/USD slipped to an intraday low of $27,583.72 in today’s session, which comes a day after the price rose to a high of $28,683.53. The decline came as traders were unable to sustain a breakout above the $28,500 level, following a nine-month high the day prior. Overall, it appears that earlier bulls moved to secure gains, as the 14-day relative strength index (RSI) collided with a ceiling at 65.00. As of writing, the index is tracking at the 60.84 level, which is marginally above a lower floor at 59.00. BTC is now trading at $27,928.58, however, there will likely be some movement following this afternoon’s data release. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin ( BTC ) moved to its highest point in nine months, despite cryptocurrencies mostly consolidating ahead of the upcoming U.S. GDP report. Following a low of $28,155.83 on Wednesday, BTC/USD raced to an intraday peak of $29,159.90 earlier in the session. As a result of this surge in price, bitcoin climbed above the $29,000 level for the first time since June 10. Looking at the chart, the move came as BTC briefly broke out of resistance at $28,500, with the relative strength index (RSI) moving past a similar threshold. As of writing, the index is tracking at the 65.27 level, which is marginally above its ceiling of 65.00. Overall, BTC bulls have moved to secure some of their earlier gains, with the price now trading at $28,582.20. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
2