BITCOIN 4 HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
#BTC/USDT There is no difference in the updates of BTC, for this, I have been continuously updating you guys for a few days and the result is in front of you.
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Btclong
We are fulfilling the bullish "Megaphone Pattern"! $85,000 soon?We have been building a bullish megaphone formation for over 3 years now and looking at the 1T timeline, we are getting closer to breaking it.
What is Megaphone Pattern
This formation consists of 5 swings, i.e. at least two higher highs and two lower lows. It is relatively rare compared to other triangles or flags. Typically, this pattern is visible when the market is at a top or bottom. The longer the time frame, the better, the pattern will work, also considering that it is on a weekly chart and currently lasts about 1190 days, increases its probability.
Currently, the most important resistance that we need to stay above is the previous peak of the bull market, i.e. $69,275. If we break this level and stay above it, the next stop should be around $86,000-$90,000, depending on how quickly we get there. The faster you go, the lower this level will be. After the breakout, we should retest the upper wall of the formation, which would confirm another upward swing around $100,000. I would like to emphasize that this is only a formation from technical analysis, which is not 100% effective like any other and there is no guarantee of breaking the upper wall of the formation. Although looking fundamentally in the coming weeks in which we are now (cyclicality, inflows from ETFs, we are after halving, soon ETF on ETH and presidential elections in the USA), I think that the probability of coming out on top is certainly higher than lower 📈
Have a nice day 😉
BTC/USDT 4HOUR UPDATE !Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
Looking at the BTC 4-hour chart it seems that BTC should be dumped from here but if BTC breaks $67000 from here then there will be an upside
So this will invalidate my charts and BTC should dump about 10% to 15% from here
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BTC 4 time frame shows a good Bullish DivergenceAgain, the BTC 4 time frame shows a good Bullish Divergence, and if the above trendline breaks with good volume and the price trades above 63049.9$ and closes the candlestick, the price can break above the 64, 66, and 70k mark. Be patient until the RSI rises above the 50 level.
BINANCE:BTCUSDT.P
#BTC/USD WEEKLY CHART UPDATE !!Hello dear traders, we are 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 all, thank you, guys.
BTC Weekly Update.
As we can see on the weekly time frame chart, the last time BTC broke a triangle pattern followed by an all-time high, and now on the weekly chart, BTC is being seen forming a head and shoulders pattern.
If the weekly chart is going well then BTC may have to take it to $31500 to become the second shoulder of the inverse head and shoulders and once BTC completes the inverse head and shoulders pattern from here we will see the upcoming halving. Before this, we will see a bullish trend in BTC.
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 profit and losses. So, do your research before investing in this trade.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC may face rejection from 66800. 25MA is registered
And yes fell back and $61000 is its support level.
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$EDU looks ready for bounce Sure, here's a concise explanation of demand and supply trading in four points:
1. **Identification of Supply and Demand Zones**: Traders analyze price charts to identify areas where supply and demand imbalances occur. Supply zones are where there's an excess of sellers, causing prices to fall, while demand zones are where there's an excess of buyers, leading to price increases.
2. **Price Action Confirmation**: Traders use price action confirmation techniques to validate the presence of supply or demand zones. This may involve looking for specific candlestick patterns, volume analysis, or other technical indicators that indicate a shift in supply or demand dynamics.
3. **Trade Execution Based on Zones**: Once supply or demand zones are identified and confirmed, traders enter positions based on their trading strategy. They may sell or short at supply zones and buy or go long at demand zones, aiming to capitalize on price movements driven by these imbalances.
4. **Risk Management**: Proper risk management is essential in demand and supply trading. Traders set stop-loss orders to limit potential losses and manage position sizes to protect their capital. By managing risk effectively, traders aim to preserve capital while maximizing profits from successful trades.
BTC/USDT 4HOUR UPDATE. Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
Looking at the chart it seems that BTC can reach $67000 from here.
Strong Support for BTC Only $61000, BTC Halving Completed Just a Few Hours Ago
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BTC TWO SETUPS FOR LONG Two setups for long BTC. I'm waiting for the price to be decided so I'll see how I react. Right now, the killing is on both sides and there is no need to be exposed.
The first thing I look at is that there is still space until the end of the c wave, which can also be seen from the Fibonacci pattern. From that point of view, B has gone high, which gives the possibility for C to go down to 57k, where there is also 100DMA - perhaps a safer entry.
The second picture because he currently showed the strength of what the reaction will be from the 65500 and 68000 zones because the halving is going on. Follow what the hourly correction is doing there, because after the halving it can be sell the news
BTC/USDT 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
Looking at the chart it seems that BTC may bounce to $63000 from here.
BTC had broken the old support a few hours ago and has come back above it and closed but we cannot understand this strength.
The strong support for BTC is only $52000 and there is also BTC halving in the coming few hours.
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BTC/USDT 4 HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Please share your opinion in the comment section.
BTC can bounce to $ 68,100 from here and yes there is a resistance zone that has to be broken it will not be easy for BTC right now and BTC can break down from here.
This chart will be invalid if BTC closes above $69000.
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Bitcoin crash tunnel (80000 / 12750) |||| ●●●● Alert ●●●●Due to the closing of the Bollinger band between the two black lines, this part of the chart will no longer be scrolled. As a result, if the price enters point A from above, it will leave point B in less than a few minutes, and Bitcoin will crash 100% to 12750 in the next two to three days
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update.
the past month, the price of Bitcoin has been stuck inside a large symmetrical triangle pattern on the daily time frame.
Nevertheless, it is currently testing the higher range of the pattern, trying to break above the $70K level. If there is a bullish breakout from the triangle, there will be a positive continuation and, after that, a new all-time high potential.
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BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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There is no change in BTC, everything is normal, there is just a resistance above $72700 if it is broken then BTC will go back to its new all-time high.
I have tried to bring the best possible results in this chart.
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BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
The link to the previous update is given below, you can check it.
BTC is retesting above the triangle on the 4-hour time frame. As long as it trades above the ascending triangle, which indicates a bullish trend. The RSI is currently in the neutral zone.
A successful retest of the triangle will confirm bullish sentiment. As long as it continues to trade above the triangle, we can expect the bullish trend to continue.
I have tried to bring the best possible results in this chart.
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BTC Cup and Handle Forming | 120K SOONCRYPTOCAP:BTC has formed a cup over the last few years and we are seeing a short term downtrend to the last major resistance level from the 2021 ATH around 64K-69K. This may very will set us up for a perfect cup and handle formation if we:
Break below the resistance
Find support at a reasonable level, lets say 58K-60K lowest
Move back up and retest the resistance
Break the resistance again
This would confirm our cup and handle pattern. It is then probable to conclude that Bitcoin could reach new all time highs around $120,000 per Bitcoin . This target is predicted by measuring the resistance line to the cup's low, and then adding that measurement to the breakout. That would give us another 77% gains from current prices. Keep an eye on this chart over the next few days and weeks to see if the handle of our pattern forms.
DYOR and bring home those gains.
BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
The link to the previous update is given below, you can check it.
But the opposite happened but still, BTC is bullish.
BTC is retesting above the triangle on the 4-hour timeframe. A continuation of the bullish move is expected for as long as it trades above the ascending triangle.
I have tried to bring the best possible results in this chart.
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BTC UPDATE !After a pullback to the descending trendline of the symmetrical triangle, we can either:
1. Expect a continuation of the uptrend:
Open a long position after breaking the $73,200 resistance level.
Target the $80,000 level.
2. Consider the possibility of a false breakout:
The bulls might be accumulating liquidity before a move down.
Enter a short position in the $69,240 zone (high-risk).
Target the first support level at $66,500.
Target the second support level at $63,800 if the ascending trendline breaks.
Important factors to consider:
Market sentiment and news
Volume and price action
Support and resistance levels
Overall market conditions
Disclaimer: This is not financial advice. Always do your own research and analysis before making any trading decisions.
BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update.
The link to the previous update is given below, you can check it.
As I told you in the previous update on BTC, if the triangle pattern breaks, after coming back for a retest from here, it may even break its new all-time high.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.