BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Bitcoin (BTC) was mostly unchanged on Friday, as cryptocurrency markets consolidated, following the U.S. Thanksgiving holiday.
Following a high of $16,641.32 on Thursday, BTC/USD fell to an intraday low of $16,388.40 earlier in today’s session.
Today’s decline saw a three-day winning streak snapped, with BTC moving closer to a recent support point of $16,200.
Looking at the chart, this comes as the 14-day relative strength index (RSI) failed to break out of a ceiling at 41.00
The index is currently tracking at 40.04, with neither bulls nor bears taking hold of market sentiment.
However, should bulls break out of the 41.00 resistance point, we could likely see BTC move toward $17,000.
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Btcbnb
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS.
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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.
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BTC/USDT 4HOUR UPDATEHello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:- BTC remains bullish and is consolidating in a symmetrical triangle on the 2H TF. MACD crossover is turning bullish
A successful breakout of the symmetrical triangle will confirm the move toward the horizontal resistance and a solid break above it will target the key resistance level of $18.5K.
If BTC breaks out of the symmetrical triangle with a retest below it, the chart will be invalid.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC/USDT 1DAY chart update by CRYPTOSANDERS.
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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.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Bitcoin (BTC) rebounded on Friday, as the token moved towards the $17,000 mark heading into the weekend.
Following a low of $16,479.99 in Thursday’s session, BTC/USD raced to an intraday high of $16,947.06 earlier today.
The move sees BTC move further away from its recent floor of $16,200, which was a point of stabilization following the volatility caused by the FTX collapse.
Looking at the chart, this surge has pushed BTC closer to a ceiling of 38.30 on the 14-day relative strength index (RSI).
As a result of this collision, prices have since dipped, with the token currently trading at $16,720.43.
In order to extend its earlier run, bitcoin bulls will need to break the current ceiling on the RSI indicator.
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BTC/USDT 4HOUR UPDATEHello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-BTC got rejected from the horizontal resistance. There is uncertainty on the lookout and the volume is extremely less.
The short-term range of BTC is from $15.6K to $17.1K. A strong breakout above $17.1K would confirm a push toward the bearish order block around $18.5K, which is the fundamental level for bulls to break for the mid-term bullish affirmation.
A sustained breakdown of $15.6K support would confirm one more leg down in the market toward the $14K to $12K zone, and that could be the end of the corrective waves.
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BTC/USDT 1HOUR UPDATEHello, welcome to this BTC /USDT 1Hr chart update by CRYPTOSANDERS.
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#BTC/USDT ANALYSIS
BTC is moving in a symmetrical triangle and currently holding above its support trendline. A breakdown of the symmetrical triangle will confirm a move toward the horizontal support which is also the current low from where we can expect a good bounce.
An effective breakout of the symmetrical triangle will confirm a move toward the horizontal resistance around $18,700 and a strong breakout of it will confirm the further bullish pattern in the market.
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#BTC/USDT 12Hr UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USDT 12Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Bitcoin (BTC) moved higher on Friday, as the token rebounded following a recent spell of relatively large sell-offs.
Following a low of $16,290.27 on Thursday, BTC/USD surged to an intraday peak of $18,054.31 earlier in the day.
The move came as the world’s largest cryptocurrency continued to move away from a key support point of $15,800.
As can be seen from the chart, this surge occurred as the 14-day relative strength index (RSI) also rebounded from a recent six-month low.
Currently, BTC is trading at $16.880.58, with the index tracking at 36.89, which is below a long-term resistance point of 39.00.
In order for BTC/USD to continue this current momentum, the RSI ceiling will first need to be broken.
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BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this BTC /USDT 1D chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Market is falling apart as Bitcoin broke the major support level. The weekly support is $15,000-$15,500 area and $12,000-$13,000 area. Binance backs off from the FTX deal and leaves the exchange on verge of collapse. If FTX is not rescued soon then we see more dumps in the market. Better to wait for a clear decision on FTX.
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#BTC/USDT 2Hr UPDATE !!Hello, dear traders welcome you to this BTC /USDT chart analysis.
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#BTC/USDT ANALYSIS:-As we can see in the chart mentioned above that BTC was again rejected from the local resistance.
Here I am expecting a bounce from the lower green support zone.
If it bounces, then BTC will break the upper resistance level this time.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#BTC/USDT 15MINUTE UPDATE Welcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
BTC/USDT dump and retest down green zone
$28500,$28800 buying zone, and stop-loss $28000
and target $30300,$30700
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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#BTC/USDT LINE CHART UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this USDT.DOMINANCE 1hr chart analysis.
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As we can see from the above-mentioned chart that BTC/USDT is printing a long bullish divergence in this line chart just like before in may-jun 2021.
If we consider the tenure this bullish divergence is almost 4 months long.
According to the past price action, BTC can put any time towards its new ATH.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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READY TO PUMP 10% BITCOIN !!Hello, members and welcome to this BTC /USDT4hour chart analysis.
#BITCOIN inverted head and shoulders breakout confirmed lets go champ to $33.3K
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#BTC/USDT DAILY UPDATE !!Hello, members and welcome to this BTC /USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame BTC is still trading above the support zone which is $29k - $29.5k. and support zone $26.9k and resistance labels is $35k.$40.8k.$47.3k
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#BTC/USDT 4HOUR UPDATE BY SANDERS !Hello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
On a 4hr chart, nothing many changes we can see BTC is still trading inside the triangle pattern and holding the lower trend line support very well.
As we can see here that btc bounced four times from the lower trend line and four times retested also from the upper trend line.
Now, in the current scenario, BTC/USDT needs to break the upper trend line for a short-term bull trend towards the $42k.
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#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this BTC/USDT 4hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS :
As we can at the above-mentioned chart that BTC gained almost 11% after a fake-out, here I am expecting some correction and BTC can move down one more time to the lower trend line which will be the right zone for long ALT coins.
In other scenarios, BTCcan breaks the lower trend line and move down to $37900 and bounce.
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BTC AT IT'S DECISIVE POINT !!Hello, welcome to this BTC /USDT chart update by CRYPTOSANDERS.
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CHART ANALYSIS :
Here I mentioned two different time frame charts of BTC/USDT to show how BTC can move in upcoming days.
SCENARIO: 1
We can see BTC is trading inside a channel and moving down to the strong lower trend line support.
I am expecting a bounce from the lower trend line all the way towards the upper trend line because whenever BTC touches the lower trend line it bounces almost 30% - 32%.
If it breaks down the lower trend line then this chart will be invalidated.
SCENARIO: 2
As we can see in a 1-week time frame BTC is trading inside a channel pattern and moving down towards the lower trend line or support zone.
According to the chart whenever BTC moves down and touches the lower trend line it gains almost 50%.
SO, I am expecting a bounce from here towards the upper trend line.
If btc breaks the lower trend line then this chart will be invalidated.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello members welcome to this BTC/USDT 1D chart update by CRYPTOSANDERS.
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CHART ANALYSIS :
As we can see at the above mentioned chart that BTC bounced right from the lower trend line and trading on a support of the green MA.
Here BTC just need to hold the MA support for upcoming green days or bull rally.
Its highly likely that btc will move upside beacause it bounce just making a bullish divergence at the bottom
If BTC unable to hold the MA support then it can move down to lower trend line one more time.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
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BTC/USDT 4HOUR UPDATE Welcom to this quick btc/usdt analysis.
I have tried my best to bring the best possible outcome in this chart .
btc is support 48.1k, and resistsnce and 49.5k. Resistance break and retest49.5k. above 52.8k today target.
Let,s see how the 4 hour closes.
i thing the price cam pump fore here .
if the breaks below the price 47.3k$
the chart will becouse inalid.
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BNB or BTC? Binance wins over Bitcoin on charts, but safety?This is the BNB chart with BTC compared with the orange line. Binance is a risky coin because it's private but it's also going to become the leading payment system as they continue to improve to address regulatory compliance. Binance CEO is a Chinese national so Binance is effectively controlled by China although CEO claims it's based out of China.
If you're trading BTC on Binance, why not trade BNB instead of BTC? Keep BTC in cold wallets for safer store of value?
This is a daily chart that shows bullish initial MACD cross over. We just need Apple's news they will support Bitcoin in their wallets but Apple is always hush-hush. We'll know when (not if) they are ready. :-) I'm sure Apple won't support BNB so that would be the time to exit hard out of BNB and Binance as the custodian of your crypto.