BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) started the weekend consolidating below the $28,000 mark, as market volatility eased on Saturday.
Following a high of $28,208.21 on Friday, BTC/USD moved to an intraday low of $27,039.27 earlier today.
As a result of the move, bitcoin collided with a floor at the $27,050 level, however, bulls have rejected a breakout below this point.
Today’s sell-off occurred as the relative strength index (RSI) fell below its own floor, at the 65.00 mark.
the index is now 62.75, with the next visible support point at the 60.00 mark.
Overall, BTC has rebounded from earlier lows, and at the time of writing, is trading at $27,655.15.
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.
Btcanalysis
Bitcoin has just flashed insane short signal!Hello, everyone!
I have been waiting for this signal. Yesterday's long trade hit stop loss, I need to mention it. It was risky trade next to the very top, but I tried it. -1% of deposit - small loss in comparisson with the huge profit earned on the trend move.
1D chart now has flashed the insane short signal. Look at the Elliott waves structure. We can see the clear 5 wave model with the bearish divergence with the AO. Also price reached the target area for the wave 5. I remind you how to calculate the target area. I measured the distance between wave 1 start and wave 3 end and added to the wave 4 bottom price. Therefore BTC price has perfectly hit the target.
Moreover the momentum turned red on the AO histogram and price formed the fractal at the very top. Therefore we have 4 of 5 magic bullets which kill the trend. For me it's enough to open short.
Best regards, Ivan
__________________________________________
Subscribe now and never miss an update 👍
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) was back above $28,000 on Friday, as fears of further banking collapses pushed traders towards cryptocurrencies.
Following a low of $27,359.25 on Thursday, BTC/USD raced to an intraday peak of $28,729.84 earlier in today’s session.
The move came as the cost of insuring against a bank default spiked, leading to a resurgence of market uncertainty.
Overall, BTC has since slipped from earlier highs. However, prices are still higher than Thursday’s bottom.
As of writing, bitcoin is trading at $27,658.96, which comes as the relative strength index (RSI) dropped below a key floor at 65.00.
Currently, the index is tracking at 64.15, with the next visible point of support at the 60.00 mark.
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.
Bitcoin Retraced Backup - Signaling The Next Move - Up Or Down ?Bitcoin/1H Doing a pennant
The pennant after a upside move indicates a bullish pattern that could go to 30K but dont forget the ascending triangle it formed before crashed down. so this could be a jebait too. Ive talked about this in details in video
Liquidation wise we have some around 27.3 (1000M) and some high leverage around 28800.
Some indicators are bearish which I mentioned in Video
Thank for watching and for you support
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) dropped below $28,000 on Thursday, as markets continued to react to the latest Federal Reserve rate hike.
The Fed moved to increase rates by 25 basis points, whilst signaling that no cuts will be made this year.
BTC/USD fell to an intraday low of $26,760.00 on the news, which comes a day after trading at a peak of $28,803.34.
From the chart, the decline appears to have come as a result of the relative strength index (RSI) failing to break out of a ceiling at 72.00.
As of writing, the index is tracking at 66.54, with the next visible point of support at the 62.00 mark.
Overall, prices are still relatively overbought, which could lead to further bears reentering the market in the coming days.
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.
Bitcoin Cant Hold The Price Up AnymoreBTC\4H Exited The Parallel channel
When FOMC number was annonced we performed a sweep to both sides then we started to dump.
After we hit our target 26.6 as mentioned in previous video we formed a Ascending triangle ( another jebait like 30k) and we exited to the upside from it with low volume which could be counted as retracement.
With Banking situation and credit tightening that is happening , 25bps will have a big impact and most likely we gonna crash ( Ive talked about this more in vid
My Targets are still the same : 25.4 - 23.2
Thank you for watching and all the support - Means A LOT TO ME
$BTC to $35,228 (or about that) #bitcoin #technicalanalysis I'm looking at a number of things here- first & foremost, the bigger picture. I'm looking at the big channel that can be seen on the month & three month chart, and I'm looking to head to the center line of that channel which will serve as resistance. I'm also looking at a trendline holding the price up, and several moving averages as well. I'm also looking at the 200 MA on the week, and seeing that the price will want to travel to that like a magnet, and the 9 and 20 on the month being opened- BTC will want to close that gap, and will want to touch the 9 on the 3 month as well. On top of all of that, we have the final bit of confluence with a 1.116 fibonacci extension hitting right on the trend line.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) closed in on a fresh nine-month high in today’s session, as markets continued to anticipate today’s Federal Reserve rate decision.
Following a low of $27,785.11 on Tuesday, BTC/USD surged to an intraday peak of $28,439.56 earlier today.
The move sees bitcoin move back towards a recent nine-month high, recorded earlier in the week.
This latest surge in price comes as the 14-day relative strength index (RSI) attempted to break out of a ceiling at 72.00
As of writing, the index is tracking at 71.70, which is its highest reading since early February, and deep in overbought territory.
Traders are likely waiting for this afternoon’s announcement prior to attempting to move beyond this point.
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.
35k Is coming? #BTC Will continue to Upper edge of the channel?a simple law has said: when trend breaks up/down a channel. certainly, it goes up/down in another parallel channel which is equal to the first channel.
hence it is mostly probable for bitcoin to reach the upper edge of the second channel.
35k Is coming? #BTC Will continue to Upper edge of the second channel?
Bitcoin is in a bull marketAccording to our free indicator, Fetch Trends, Bitcoin is in a bull market.
The weekly candle turned green for the first time in 60 weeks.
The last time this happened was in may 2019, kicking off the bull market of 2019-2021.
Before that one, Bitcoin turned green in Octobre 2015, which was at the start of the bull market of 2015- end of 2017. The first green candle was also found after 60 weeks.
Ofcourse this isn't the only reason why I believe Bitcoin is in a bull market. I've given my other reasons in previous posts.
BTC Moving Very Good Last Days , Any Long Setups Valid ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Bitcoin Filled the 28K Gap, Whats Its Next Move? Flood Or Moon ?Bitcoin/3H doing a parallel upward channel
Please Support Me by Sharing,Boost,Comment,Follow
We filled the gap from 27.2 to 28.5 and we are holding AT the top of the gap. showing more Bull control than Bear.
This could break to the upside and goes all the way to ~31.7 Or (~292400)
It could also hold it here untill NY market open then dump it to ~26.8 if that doesnt hold then ~25.2 and if that does not hold ~24.4
Liquidation cluster is empty to the upside but downside in total is 300M around 20K , 140M around ~25K
Thanks for watching
BTC/USDT Weekly Timeframe Analysis
Hi Dears
Today let's analyze the bitcoin chart by RTM Method and in the weekly timeframe .
If you look carefully to this chart, you can see the resistance level (SR Line) at around 28800 that the price pulled back to it twice (Jan 2021 and June 2021) . This level was broken on 9 May 2022 and the price failed to return to its uptrend so the bear FTR strategy is made. The green Pin bar that is closed on 30 May is our FTR Zone that the price has not pulled back to it yet. This zone is the range between 29200 to 32200 dollar. The price is reaching to that zone so we expect a bearish reaction when it reached. This is a key level for making short position.
Also we have another SR LINE at the level of the 25100 that the price engulfed it on 13 Feb 2023 and it made a bullish FTR on the zone between 19600 to 21200. This is a key level for making long positions.
Don't forget to take a trigger when the price reached to that zone and then TRADE it. you shouldn't do anything without trigger.
Sincerely
Hosein Poursaei
Bitcoin Midterm Analysis Seems Like btc Bottomed Out and Getting Ready For Massive Recovery In coming Months
Inverted Heads & shoulders Breakout Has Already Confirmed Golden Cross Also confirming Long Term Bullish Momentum
Now Btc May Retest Neck Line Before Next Bullish Impulse Try to Catch After Successful Retest Incase Of successful Retest Expecting Test of 50k In coming Months
Bitcoin Double Top or will fill the gap ?Bitcoin/4H trying to leave our rising broadening wedge pattern aiming for 28500 or 29300 before it crashes down.
Today we have two important news (Perlium UoM) that might shake the market.
Liquidity wise we have around 200M around ~24000 but to the upside is clear and can push it very easily
Thanks for all the support
Details in video
Bitcoin Idea | bullish to $28700!I think it doesn't need to be explained!!
Bitcoin price in continuation of the weekly upward trend, the price hits the monthly resistance zone.
BINANCE:BTCUSDT INDEX:BTCUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Can Bitcoin Fill The 28K Gap ?Signs are there!Bitcoin reaching the origin of the 30K slowly while having a gap from 27500 to 28400 to fill. Bitcoin can fill this before crashing but its another 17% up move. or this could be a jebait and the crash will happen today after a small retracement to the upside to liq all the high leverage shorters
BTC consolidating and holding the support (symmetrical triangle) could wick up before it wicks down
Some Crypto Banks Collapsed in the past days thus people cant convert their USDT to USD , what they do instead ? They buy BTC.
That is why btc pumped. will it go higher ? it might but at the end if you cannot convert ur crypto asset to fiat whats it good for ?
Thank you for all the support,commend,like,boost,follow
#BTC/USDT 100% Accurate predictions. Next Update here.All of our last 7 Bitcoin updates have been spot on.
I don't make predictions but all of my calls have been dead accurate since the beginning of 2023.
So follow me, soon I will start posting altcoins.
BTC broke and close above the 21MA (blue)
This is good news for the bulls.
However, expect $22800 to be tested soonish.
We need healthy retracements for a healthy rally.
Invalidation:- Close below $21470
So far, we can expect a little retracement (That doesn't mean it's a short call).
A close above $25200 will possibly open a door for $30,000 in the Second quarter of 2023.
So yes, you need to be careful here but $25200 is the key level.
Remember, a profitable trader waits for the right time to enter any trade.
Patience is always rewarded.
Do hit the like button if you like my charts and follow me on all platforms to avoid missing my updates.
Cheers
Thank you