BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) There was a strong rebound on Wednesday, as markets reacted to the news that deposits at First Republic Bank fell by 100 billion last month.
BTC/USD rose to a peak of 29,121.97 earlier in today's session, following a low of 27,217.17 the day before.
This move has pushed Bitcoin to its highest point in the past seven days when it was trading above 30,000.
Overall, prices turned bullish as bulls rejected a breakout below long-term support near 27,000 on Tuesday.
The Relative Strength Index (RSI) also bounced off its own floor at 44.00 and is now tracking at 54.09.
The ceiling of 55.00 could act as a checkpoint for the bulls, and if they go beyond it, there is a strong possibility that BTC could climb to 30,000.
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Btcanalysis
BTC will have another dropHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BTC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#BTC next target is 34k!#BTC UPDATE
BTC is making this bullish flag pattern and is currently at the lower level of this pattern and is at 200MA support.
(Basic info about the pattern)
The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend.
According to the pattern we can expect a 12% bounce after the break out of this pattern which is around 34k.
RSI is showing some bullish divergence moves in the short term.
Stay tuned I will keep updating
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) is on the brink of registering a downward crossover of its 10-day (red) and 25-day (blue) moving averages.
A recent downtrend, which today pushed BTC/USD to an intraday low of 27,192.03, has also led to an overall shift in market momentum.
This latest low in Bitcoin comes less than a day after the world’s largest cryptocurrency traded at a high of 27,979.98.
Overall, BTC is trading over 7% lower than at the same point last week, when the price was above 30,000.
In addition to the potential crossover of moving averages, the 14-day relative strength index (RSI) continues to hover close to a floor at 42.00.
At the time of writing, the index is tracking at 44.11, with BTC trading at 27,550.00.
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Bitcoin: Little risk to the downsideJust a few percent below the current price is the 200 weekly average (green). The 111 MA also rises steeply and will provide additional support.
Possibly, the end of April and May will still be quite quiet with slightly falling or sideways running prices.
This calms the emotions in the market and provides fuel for further rising prices.
The Bitcoin SOPR continues to hover above 1. The value of 1 serves as support, which suggests a continued uptrend.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC HKEX:27 ,994 resisting as of now, support at HKEX:27 ,478. Bullish engulfing on last 4H close, current 4H looks fine with 28 mins left to close, HKEX:26 ,650- HKEX:26 ,333 test possible if breaks HKEX:26 ,963. HKEX:28 ,298- HKEX:28 ,590 next resistance area to watch
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) moved lower for a third consecutive session on Friday, as prices slipped below the 28,000 mark.
Following a high of 28,906.25 on Thursday, BTC/USD dropped to an intraday low of 27,855.96 earlier in the day.
As a result of this move, bitcoin fell to its weakest point since April 9, which was the last time price hit a floor of 27,800.
Since nearing this point, BTC bulls have reentered the market, and have pushed prices back above 28,000.
One of the catalysts for today’s drop came as the 14-day relative strength index (RSI) fell to a floor of its own at 46.00.
The index has marginally risen from this low and is tracking at 46.35 when writing.
I have tried to bring the best possible outcome to this chart.
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Multiple BTC bearish patterns all pointing to 25K or worseWith our golden pattern (BTC rising broadening wedge from 15K) showing 22K as the last resistant and if we lose that well see new lows (12K , 9K)
Talked about other patterns in the video and spiced things adding VIX, ETH , NQ1 To the video
Strongly Recommend to Watch it untill the end.Lots of Information
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- was once again in the red on Thursday, as traders continued to secure gains from last week’s bull run.
BTC/USD fell to an intraday low of 28,596.91 earlier in today’s session, which comes a day after hitting a high of 29,509.35.
This is the lowest point that Bitcoin has hit since April 10, when the price traded at a bottom of around 28,100.
Looking at the chart, Thursday’s move saw BTC fall under a recent floor at \28,600, with the relative strength index (RSI) also dropping toward a floor of its own.
At the time of writing, the index is now tracking at 51.47, which is marginally above the aforementioned support at 50.00.
BTC has already moved away from earlier lows and is currently trading at 28,837.95, as of writing.
I have tried to bring the best possible outcome to this chart.
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TheKing Ways Up- Some Traders are still waiting for lower prices.
- But to go lower BTC must first go higher.
- TheKing is in transition phase : " Bearish to Bullish ".
- Some retracements have to happen on the way up.
- Some Fuds have to happen on the way up to create those retracements.
- Today CPI results could impact a bit the trend ( Stocks + Cryptos ).
- Notice on the Graph MA50/MA20 (4D) will cross up soon
- Those MAs will create some new support zones.
- This Graph is just based on comparison between 2018-2020 // 2020-2022 and an eventual " Story Repeat ".
- Covid19 Black Swan included.
- Just follow the Circles and keep it simple.
Happy Tr4Ding !
Bitcoin Bearish Signs are starting to play out!Bitcoin in a BIG rising broadening wedge which the starting point of the pattern is 15K
We havent seen a new low over a month,the more it holds the more violent the downside will be
with the dump that happend yesterday we retraced it back but could not regain the bullish structure thus more RED to come today
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) rebounded from a one-week low on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China.
BTC/USD dropped to a low of 29,154.85 earlier in today’s session, before climbing to a peak of 29,944.78 as the day matured.
The low sent Bitcoin to its lowest point since April 10, which is when the price was last below 29,000.
Looking at the chart, the rebound has come as the 14-day relative strength index (RSI) bounced from a floor of 59.00.
Currently, price strength is tracking at the 61.91 mark, with the next visible ceiling at the 65.00 level.
BTC will likely be trading above 30.235 should the RSI reach this upcoming destination.
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.
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📈🚀 Bitcoin's Wild Ride: Rebound and Crash Predictions 🔮💣Join our latest analysis 🧠 as we predict Bitcoin's short-term rebound from HKEX:29 ,200 to HKEX:31 ,700 💸 and an upcoming sharp decline to HKEX:22 ,000 😱 after market liquidation. Stay ahead and trade wisely! 💰📉🔥
#BitcoinRebound #CryptoCrash #BTCAnalysis #TradeWisely #CryptoPredictions #MarketLiquidation #BitcoinDrop #CryptoAlerts #InvestmentTips #HODLorSell
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.
Bitcoin is in a dangerous placeHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the BTC symbol.
For risk management, please don't forget stop loss and capital management
Bitcoin is really in a dangerous place, but don't forget that some altcoins are bullish!
I have defined two ranges for Bitcoin, from one of these two ranges we will move down
Comment if you have any questions
Thank You
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