BITCOIN MINI BULL-RUN IS ON THE WAY !!Hi lads.
BTC is getting close to the end of the triangle here. BTC is still moving in 18.5k - 20.2k area and has been consolidating in this area for almost 4 months. The daily volume is increasing so fast and we are hitting all time high daily volume records on binance. A lot of long term holders are sold their bitcoins at that level and on the other hand, a lot of stock market whales and traditional market big players started to buy bitcoin at current levels. In general btc is bullish but it is under the effect of financial markets (SPX500 and NQ) dump.
BTC is still in the bear cycle and i think the moment we hit 13k levels, we can say we touched the bottom. so bear in mind that we havent touched the bottom yet. But in short term like 1 or 2 month period, i expect an retracement. BTC can go up to the levels of 25k to 28k. from there we may start falling again.
So, btc can rise above 25k levels from these two spots : 1) 19k in a bullish scenario 2) 17.8k in a bearish scenario
So, be ready for such scenario.
Also dont forget to like my post and also follow me cuz it helps me a lot.
Btcanalysis
#BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: -Bitcoin (BTC) fell below $20,000 to start the weekend, as bearish sentiment returned following a brief rally late on Friday.
Following the release of the University of Michigan Consumer Sentiment report for September, which showed improvement from the previous month, BTC surged to a peak of $20,109.85.
However, on Saturday, the token slipped to an intraday low of $19,238.12, falling below its floor of $19,300 in the process.
Looking at the chart, the move comes as the 14-day relative strength index (RSI) continues to move away from its ceiling at 49.00.
As of writing, the index is tracking at 45.45, which is close to another support point near the 44.00 regions.
Should this floor hold firm, there is a strong possibility that we could see a rebound, with bitcoin bulls not only taking the price back to $20,000 but potentially above this point.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN: SIDEWAYS.Hello everyone, I hope you all are doing great. I am back again with an update on BTC in 4 hours timeframe.
Update: After a series of pump and dump, BTC somehow manages to calm down. In a shorter timeframe, it is moving sideways ranging between $18.4k to $20.3k. It's been a couple of weeks and all we can see is a bounce back and rejection in between the two trendlines. The recent move in BTC seems to be bearish and it is quite possible that we may see BTC back to the $18k range and then a bounce back. In order to show some magic move, BTC must break through the $20k barrier.
Note: If BTC happens to break down further then going long on BTC (after confirmation) at around $18.4k will be a good choice. Please do your own research before investing.
I hope this idea was helpful.
Trade safely.
BTC/USDT 12Hr UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: -Bulls tried to break the long-descending trendline but couldn't able to give close above it and also got rejected from the horizontal resistance.
Still, the monthly close is above the key level support of $18,500, which is a positive sign for the beginning of this month.
BTC needs a successful breakout above the key resistance level of $20,400 for the bullish confirmation in the market
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
btcusdt 4h uptade ;BTC /USDT : - 4h 🕘 update.
BTC need to broke his resistance line for move toward 20800$.
If its unable to broke its resistance then we see now btc back on its major support level soon..
Waite for confirmation currently if you cannot do trade on btc thats better for your self
follow me4 for more updates.
Choose your Side- i often compare TheKing with Nasdaq right now.
- Have a main reason :
- NAS100 (Nasdaq) have mostly "Top Tech Companies" acting as Thermometers in this index.
- SPX (SP500) have Tech Companies + traditional ones. Nasdaq Companies are also included in SPX, but 500 Companies start to be a lot.
- DJIA (Dow Jones Industrial Average) is a Mastodons, i don't use it much because this top 30 is too mixed ( coca cola, boeing, techs, big banks, nike.. etc).
- i mostly use very high TFs, i prefer look from far, less noise, more easy and less headaches.
- i use sometimes to trade with 1D, H12, H4 TFs but when we are bullish. In bearmarket, it's hard to find entries points in bearish mode.
- i don't short markets and accumulate more coins/tokens, so i just DCA, Dollar Cost Averaging is investing a fixed amount of money into a particular investment at regular intervals.
- so this chart is basically only about MACD :
- it's really interesting to see Nasdaq making another red columns in 3W TF, while the markets should recover slowly.
- if you take a look at BTC, columns stayed in Light Red Color and reducing size.
What could it means ?
- Keep in mind that BTC is not a STOCK.
- One of the most pivotal events on Bitcoin's blockchain is the halving, when the supply of new bitcoins is cut in half (2024).
- BTC have 21M Supplies and that's all. no more will be created.
- At any time BTC could stop to follow Nasdaq and do his way, TheKing used to do that before already.
- A small bounce in Nasdaq could be also a huge move for BTC.
- " Choose your side " and DCA the money you don't need for living.
Happy Tr4Ding !
🔥The best places to buy and sell BITCOIN🧐💣🔰You can see Bitcoin analysis in 15 minutes time frame (BTCUSDT_ 15min)💣🔍
💥If the price can break the Support🧡 to the bottom and stabilize❗ below it, then it can have a fall to the DEMAND zone🔻
But if the price can break the Down trend line🖤 and stabilize❗ above it, it can experience an upward trend until the SUPPLY zone🚀🔺
which direction will the price go to the GREEN💚 side or the RED❤️ side❓❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
_________📈TRADER STREET📉__________
Bitcoin - no supplyAfter the third approach to the trend, the price went to test the zone of interest of the buyer.
Thus formed a trading range in the upper part of the buyer zone and the market went into a flat.
Inside the trading range we observe a false breakdown of the lower boundary and shakeout.
From the buy zone the movement resumes on the increasing volumes.
For further upward movement it is necessary to break the upper boundary of the ridge and consolidate above them.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BTC Market Analysis 29/09/2022BTCUSDT pumped after the breakout of its symmetrical triangle but later it got rejected from the horizontal resistance which was also the main target of this symmetrical triangle. Currently $BTC is now trading above its key support levels which are marked in the chart i drew above.
If we see some Bullish Momentum here then there will be a bullish sign for BTCUSDT and overall ALT markets, on the contrary if there is a succesful breakdown below the current demand zone, it will then confirm a bearish move in the BTCUSDT and overall cryptomarket.
Let me know what you think!
MetaFutures.
#BTC/USDT 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: -Looking at the 4-hour timeframe, the price is consolidating between the tight range of $18K and $20K. The $20K level recently rejected the price to the downside and appears to be targeting the $18K low again in the near future.
The RSI, which demonstrated an overbought signal while the market was testing the $20K resistance level, is now showing neutral values, indicating that the market is in equilibrium in terms of momentum.
Considering the higher timeframe downtrend, a breakout below the $18K support remains the most probable scenario, and a continuation of the bear market seems likely.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN | Short Term Trading Scenario - Price Is Still BullishBITCOIN | Short Term Trading Scenario - Price Is Still Bullish
After the yesterday's sell-off on the market, we saw the same movement
also on the crypto market.
So as long as it is nothing strange with Cryptos all is fine for us.
BTC looks very strong again and it should rise from the strong support area
near 18K.
The price reaction it is still very good.
Targets:
🎯 20105
🎯 20900
🎯 22500
Thank you and Good Luck!
BTC/USDT :: Descending, but in what way !?BTC/USDT :::
<<< The general trend is downward >>>
First mode :
for a while the upward trend and hitting the resistance range of 34,000$ to 40,000$ and finally the downward trend .
The second mode :
The downward trend is integrated with short-term corrections .
In general, it depends on the direction of the triangle break .
<<<< Top ? Or Down ? >>>>
My BTC Prediction Gave Potential 95% Potential Profit With 10x LHi Tradrs, I don't share analysis but I do analysis and try share sniper point entries.
I give these sniper entry points for future traders only specially binance futures.
Yesterday I posted the selling point and buying points where futude
My last day analysis is attached at the bottom for refernce and u can see the market almost droped from the same point which i mentioned in last idea to 9.5%max which is 95% potential profit if traded with 10x and 190% profit if traded with 20x.
NOTE:
I will share daily some sniper entry points on different coins for free that would be from weekly,daily,4 hours and 1hr candlestick study. But there comes alot of sniper entries daily on lower time frames such as 5m or 15m but lower time frame sniper entries are for paid members as they are executed run time.
BITCOIN: THE FACE OFF.Hello traders, here's a quick update on BTC in the hourly chart.
BTC has done exceptionally well and followed the big move that I was talking about. It is already 6.5% up from our previous post. There is a slight resistance at $20.3k and I guess, BTC must show some retest for a healthy move. BTC may rally higher than the resistance level but I would prefer a retest to be honest.
What is your thought on this recent rally? Do share in the comments.
Note: This analysis is in a shorter timeframe. Please do not compare it with the long-term chart.
Thank you for your support.
BITCOIN | Next Targets 22.5K and 25KBITCOIN | A Short Term Bullish Scenario
Following my base idea that I published two days ago we can see
that the price is moving very well.
If you joined this trade earlier you should be near +8% in profit.
Actually, the price is above the support area of 19900.
The price breakout looks very solid and it is showing that BTC may increase more
in the coming days.
The support area near 18.2K showed to be very strong.
Neither the NFP, CPI nor FOMC didn't push it lower than the previous low.
So it has a higher chance to increase again as shown on the chart!
Thank you and Good Luck!
Previous Idea:
#BTCUSDT only green profits DAY 12Do you want to trade with me on copytrading?
More trading signals and their results, in my channel, link in the description
Considering the trading situation on bitcoin, it is quite likely from the current situation that you can locally long, to overlap the imbalance of the zones indicated on the chart.
We also have a market maker level - 18500 - 18660
At this time, everything that is above this range, I evaluate as long on the coin, and the accumulation of the position.
Only when the mark 18660-18500 is broken, we can safely say that we will see 18000-17500-17000 in the near future
DAY 11: #ATOMUSDT (#SHORT) +450% ROE PROFIT
BTCUSDT - Local review (#LONG) All trading results for 8 days !
BITCOIN: HOURLY UPDATE.Hello traders, welcome to this hourly update on BTC.
Update: BTC has been well maintaining the support level in a higher TF and in a shorter timeframe, it is going sideways forming a symmetrical triangle. I would still consider $18k to $18.5k a good support level for BTC. We may see some big moves in the market soon and I would prefer a bullish move. We are close to the weekly close and this time a weekly close above the $19.5k will be good for the market.
What do you think about the current market scenario?
I'll update more on it soon until then trade safely.
BTC/USDT 4HOUR UPDATEHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE: -The price has been fluctuating in a tight range between $18K and $20K in the last few days, preparing for the next crucial move.
A double bottom pattern has been formed at the $18K level recently, which could push the price towards $20K once more. In the event of a bullish breakout, both $22,500 and $24K would be key resistance levels to watch in this timeframe.
The RSI indicator is also in a state of equilibrium, as recently, it has been oscillating around 50. The bulls and bears are currently struggling to take control, and the market could break out in either direction.
However, considering the higher timeframe bearish trend, a breakdown below $18K is still the more probable scenario.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN: AN ANTICIPATION.Hello traders, I hope you all are doing great.
Here's a quick update on BTC in 12 hours timeframe.
Preview: According to our previous update, BTC is still holding the support level and it is trying the best it can to bounce back. Due to the FOMC press release, we saw some extra drama in BTC but still, it is holding on.
Update: As BTC is maintaining the support level, it is interesting to see how the 21 MA is holding the price to rally higher. Currently, the price is exactly at the 21 MA, and this time whether BTC will break above it or below it will be a tough call. Technically, even if BTC manages to break above the 21 MA, it still needs to face the $21k resistance and then the $22k. But a rally up to that level itself will be good for the market.
Conclusion: Like I said before, until and unless BTC goes below the support level, we are good to go. Breaking down below it will be a good opportunity to accumulate.
With this thought, I would like to rest my case.
Share your thoughts and ideas if you have any. I would love to read them. And also, thank you so much for your support and motivation.
Have a blessed day.