Get started

Btcanalysis

Unique Update Of BitcoinHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin (BTC) fell for a fifth straight session on Monday, as the token moved closer to a breakout below $16,000. BTC/USD slipped to an intraday low of $16,086.36 to start the week, which comes less than 24 hours after hitting a peak of $16,594.41. As a result of today’s drop, bitcoin moved to its lowest point since last Tuesday, November 22, when the price was at a low of $15,613. Looking at the chart, Monday’s sell-off intensified once a breakout on the relative strength index (RSI) occurred. The index, which is currently tracking at 36.89, moved below a recent support point of 38.00 and looks to be heading for a lower floor at 35.50. Should price strength reach its perceived destination, This will likely lead to BTC falling below $16,000. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
1
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin (BTC) mostly consolidated on Thursday, following news that the U.S. Federal Reserve could be set to move away from its aggressive rate hike policy. Wednesday’s FOMC minutes showed that “A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate.” The news comes as inflation in the United States begins to slow down, following several back-to-back rate hikes. Following a move to an intraday high of $16,771.48 on Wednesday, BTC/USD is trading at $16,544.58 as of writing. Looking at the chart, this comes as the 14-day relative strength index (RSI) failed to break out of a ceiling at 40.35. Currently, the index is trading at the 39.90 level, with momentum now moving towards a downtrend, and in particular to a floor of 38.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
1
BITCOIN ON THE MOVE.Hello traders, I hope you all are doing well. Here's a quick update on BTC in 4 hours timeframe. BTC has been under a big pressure lately but it managed to get out of it after a long 7.3% pump. This bounce brought a small relief to the market and if we see the chart then it actually broke out of the resistance trendline. This could be a good thing for BTC and the market but only if we see a bounce back from this level. The current scenario looks like a retest and BTC could possibly bounce back. A breakdown below the upper trendline will invalidate the bullishness in BTC. Still, we have 2 hours left so let's see what the next candle will bring. Thank you so much for reading. Trade safely.
BITSTAMP:BTCUSD
by Dexter_The_Trader
9
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC/USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:- The two critical levels here are $18.5K and $14.3K. As demonstrated by the red and green hues, a break from any side followed by a small pullback can define the trend’s direction. Technically, this pattern is frequently interpreted as a continuation. As a result, because the trend is downward, technical analysts anticipate the negative trend will continue. However, present volatility is driven more by the news. Therefore, it is preferable to pay close attention to the given horizontal levels. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin (BTC) slipped below $16,000 to start the week, as volatility in cryptocurrency markets continued to rise. Following a high of $16,590.42 on Sunday, BTC/USD dropped to an intraday low of $15,943.14 earlier today. The move pushed the world’s largest cryptocurrency to its lowest point since November 14, when prices fell below a key support point of $16,200. Looking at the chart, BTC continued to trade below this point of support in today’s session, with the 14-day relative strength index (RSI) also hovering near a floor of its own. The index is currently tracking at the 32.79 level, which is marginally below a key support point of 33.00. Should this decline continue, we will likely see bitcoin bears attempt to take the token toward a lower floor of $15,600. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
Bullish deep crab harmonic on btcBTC is developing bullish deep crab harmonic on a daily chart which will complete at $12,884 which is its PRZ(Potential Reversal Zone). Price will bounce back from this level to the upside. On a weekly chart we have another bullish deep crab harmonic developing which will complete at $3,752. Remember this is a weekly chart so it can take months to complete but looks less likely that we will see BTC price to see bottom of 2018 but considering world's financial crisis ANYTHING can happen to crypto because crypto is MOST volatile of all financial markets in the world. We will see good days next year summers In sha Allah.
BITSTAMP:BTCUSD
by NasirCrypto
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS: Bitcoin breaks the uptrend line and kisses the support area as expected. Keep an eye on this as the market will dump hard if BTC breaks below the significant support level. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BITCOIN: CAN WE SEE A BREAKOUT???Hello guys, I hope you all are doing great. As we are coming to the end of the weekend, we can see BTC making a move trying to break through the symmetrical triangle in 4 hours timeframe. Things will surely be good if BTC breaks out and make a small rally toward the $17.5k range. We still have 1 hour to go so if there is any positive breakout, we can go long on BTC with tight SL ($16.3k). The target will be around $17.5k (5%). DYOR before investment. Trade safely.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
5
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin (BTC) was once again trading lower to start the weekend, as the token moved back towards a recent price floor. BTC/USD fell to an intraday low of $16,564.61 in today’s session, which comes less than a day after hitting a high of $16,795.20. The move sees BTC move closer to this week’s support point of $16,000, which has been in place since the FTX collapse. Looking at the chart, today’s drop in price comes as a hurdle was hit on the 14-day relative strength index (RSI). This wall of 38.00 on the indicator has seemingly prevented bulls from recapturing the $17,000 mark, and in turn, opened the door to a bearish reentry. Should Saturday’s bearish momentum continue to intensify throughout the course of the weekend, BTC will likely edge closer to $16,000. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
Bitcoin – triangle correction has been completedHello, everyone! Last several days the Bitcoin is staying at the same place and I can see the contradictory in the analysis from the influencing traders. As usual after such huge crash a lot of bulls have been activated talking about the bottom at $15600. Wave theory and trading chaos tell us that it is not true. Total disappointment is about to happen next couple of months, but today let’s consider the current triangle correction in details. I want to remind you that after impulsive downside wave 3 the market started it’s corretive wave 4. I have already assumed zigzag, flat correction, but last time I finally concluded that we faced with the triangle corretion ABCDE. Look at the chart how these waves are divided into zigzags abc. As I can see the last wave E have been already finished and now the market started the wave 5. I expect the dump to at least $15k at the new weekly candle open. Best regards, Ivan
Short
by Skyrexio
22