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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) consolidated during Thursday’s session, as market volatility remained high ahead of next week’s Federal Reserve interest rate decision BTC/USD slipped to a low of 26,146.99 earlier in the day, which comes less than 24 hours after trading at 26,897.25. Today’s move saw the world’s largest cryptocurrency briefly break out of a key support point at 26,300. BTC bulls have moved to buy the dip in price, with the cryptocurrency now once again above this floor. This comes as the relative strength index (RSI) pivots from a recent free fall, and is now en route to a ceiling at 47.00. the index is tracking at 44.87, which comes as the 10-day (red) moving average fell below its 25-day (blue) counterpart. 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
BITSTAMP:BTCUSD
by CryptoSanders9563
BTCUSDT Analyst 1D chartHello everyone! I want share my idea about BTC. Today bitcoin market is quiet, but couple days ago we saw really massive move of bitcoin, it came down, close one big red candle and then it came up and close with more massive green candle after touch to 1W support. In my opinion big buyers are still active, they are not going to drop the price again on 16500 because lot of traders are ready to buy again at the point but if it will happen price will come more down. The 1D candle which is marked with little white arrow, big buyers show us they are ready long BTC, After slow and little down trend price movement still looks like bullish, only what we need to do be careful, and find good long entry point. Be patient!
Long
by elmakacho
Bitcoin: Sunny Outlook Ahead! 🌞✨🚀 Sunny trading conditions – a slightly bullish market with upside potential – lies ahead for the global crypto market over the next 24 hours, as investors may reenter the market following the US regulator’s various court actions earlier this week. 🌞 🚀 The weather is however tropical 🌴, very bullish with some upside potential for Bitcoin over the next hour. Over a one-week horizon, the cryptocurrency trend remains sunny – positive – signaling upside potential. 📈💰 Follow us and stay tuned for more crypto weather insights and reports! 🌩️⛅🌈
BITSTAMP:BTCUSDLong
by ATTMO
BTCUSDT Analyst Hello everyone! i want share my price prediction of BTC after fast massive move. what i shared few days ago of BTC price prediction I was right I got really good profit but what we have today? Bitcoin price looking still bullish on 1W chart or its only correction, we saw rejection really good rejection from 1W support and its went up very fast.in my opinion, after touch 1W support and fibonacci levels i open long position. Here is also one thing what we need to pay attention, USDT Dominance is looking bullish on 4H chart today it show us new HL. If BTC will Brake next resistance and show us new low, if USDT will brake up trend structure, we will see good up movement of BTC. We are close to see that, be patient.
Long
by elmakacho
Bitcoin Correction Almost FinishedPresent situation: • Currently (June 6th, 07:00 UTC), Bitcoin is consolidation in a narrow range, between the 25,500 – 25, 800 USD levels acting as support and resistance. Bitcoin’s RSI is oversold on the LTF. IMO, either we finish the correction today or we may get a relief rally because bitcoin is oversold on the LTF. Is the Correction Finished? • IMO, BTC’s correction is almost finished, maybe even finished. These are my reasons: 1. the 25,200 USD level is a combination of diagonal support (the trendline) and a horizontal support (green line). This double support level gives me confidence that price will hold. 2. RSI on the daily TF is almost oversold. Bitcoin reacts very well to the oversold level. If we examine previous reactions to the oversold level, it is usually followed by a rally. 3. The RSI is forming a falling wedge. I expect bitcoin to respect the RSI support line and bounce. 4. should Bitcoin wick below the 25,200 USD level, the 0.5 Fib level is at 24,650 and it should provide additional support. Can Bitcoin Dip Further? • I don’t know; nobody does. However, I do not see reason for bitcoin to go lower than the 0.618 fib level. The whole issue with the SEC is not new and I don’t think the SEC can cause more damage than it has already done. • The whole interest rate saga is almost over as well. Next week, on June 14th we have an interest rate decision. I expect some volatility before and after the FOMC and after that I think we are clear. My assumption is that the FED will not raise rates further. Can BTC take off from Here? • Possible. I think that it is the max pain scenario. Just imagine what would happen if BTC moves upward in price and leaves everyone on the sidelines. Trade Idea No. 1: • Entry: 25,800 (after it is tested as support) • SL: 25,500 • TP: 26,500, 27,200, 28,300 Trade Idea No. 2: • Entry: 25,200 (after it tested as support) • SL: 24,600 • TP: 40,000 (TP along the way and leave some to higher levels)/ NFA What do you think? Please share in the comments. Best wishes to all.
Long
by NewThoughtCrypto
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) sank to a multi-month low on Tuesday, as markets reacted to the news that Binance has been sued by the SEC. BTC/USD dropped to a bottom at 25,445.17 earlier in today’s session, a day after trading at a high of 26,810.22. This decline pushed Bitcoin to its weakest point since March 17, when it was at a low of 24,946. the drop in price coincided with the 14-day relative strength index (RSI) falling below a floor of 38.00. the index is tracking at 36.12, its weakest point since mid-March. Despite a recent upwards crossover of moving averages (MA), the 10-day trendline has now firmly shifted direction. 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
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) was trading below the 27,000 level on Monday, as crypto market volatility remained high to start the week. Following a high of 27,407.02 on Sunday, BTC/USD slipped to an intraday low of 26,712.73 earlier in today’s session. the relative strength index (RSI) fell below a recent support point at the 47.00 level. The index is now tracking at 44.43, which is marginally above an upcoming floor at the 43.00 mark. Should bears retreat to this point, there is a strong possibility that BTC could collide with a floor of its own at 26,300. there is still some optimism from bulls that a recent upwards cross of moving averages could point to an upcoming shift in momentum. 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
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin (BTC) snapped a four-day losing streak on Friday, after it was reported that the U.S. Senate had passed the bill to increase the debt ceiling. This comes ahead of Monday’s deadline, which could have resulted in the government running out of cash, had the bill not been approved. BTC/USD raced to a peak of 27,203.32, which comes a day after dropping to a bottom at 26,574.64. it appears that this move took place after bears were unable to break a long-term floor at 26,500, prompting bulls to reenter the market. the relative strength index (RSI) moved above a floor of its own at 46.00, and is currently tracking at 48.12. The next test to see if bitcoin can sustain this momentum will come at the 27,500 ceiling. If passed, there is a good chance that price will be above 28,000 this weekend. 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
BITSTAMP:BTCUSD
by CryptoSanders9563
2
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved below the 27,000 level in today’s session, ahead of Friday’s non-farm payrolls report. It is expected that the number of jobs added to the U.S. economy will come in at 190,000, less than the 253,000 sum the month prior. BTC/USD fell to a low of 26,671.72 earlier in the day, which comes following a peak at 27,346.11 the day before. this latest decline occurred as a result of the relative strength index (RSI) falling below a floor of 46.00. the index is now tracking at 44.58, with a support point of 43.00 as a possible target. Should this level be hit, there is a strong possibility that BTC will hit a floor of its own around 26,300. 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
by CryptoSanders9563
2
BTCUSDT 26605 Long! 14 long and 23 altcoins ShortGuide BTC 26605 Above long. Below short. BTC 25811 Avalanche BTC 27524 Rocket We analyze 150-200 coins every day! Coins with a volume of more than 10 million on Binance futures. With the help of Hermes artificial intelligence we determine the levels for trading! BuySellStyle levels are abnormal points on the charts from which momentum is possible! Today we have such coins on the list. Follow my profile and I'll be posting Levels for the BUYSELL trade on 0106 Long ETH 1887 BNB 316.7 BGB 0.45 MX 3.235 BIT 0.5291 LTC 92.35 XRP 0.5293 SOL 21.40 MATIC 0.9076 INJ 7.428 OCEAN 0.3878 SXP 0.4434 XLM 0.0931 ALGO 0.1471 QNT 119.1 EGLD 37.37 COTI 0.0736 Short ETH 1840 BNB 301.2 BGB 0.4313 MX 3.0978 BIT 0.4971 XRP 0.50 OP 1.345 SOL 20.29 PEPE 0.00000123 ARPA 0.06542 CFX 0.2746 SUI 0.9366 PHB 0.8018 DOT 5.17 NEAR 1.53 CRV 0.794 APE 3.10 ATOM 10.2 GMT 0.2480 SUSHI 0.829 HOOK 1.34 OMG 0.733 STMX 0.004130 JASMY 0.004416 LQTY 1.151 ICX 0.2327 GAL 1.301 GMX 52.38 Guide BTC 26605 Above long. Below short. BTC 25811 Avalanche BTC 27524 Rocket
Long
by BuySellStyle_engl
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) started the week climbing above 28,000 as crypto markets reacted to an apparent agreement to raise the US debt limit. After hitting a low of 27,125.53 on Sunday, BTC/USD rose to a high of 28,432.04 in today's session. bitcoin moved to its highest point since May 8, when the price reached a high of 28,676. it appears that the latest move happened once the Relative Strength Index (RSI) broke above the ceiling at 53.00. Price strength has climbed since then, and the index is currently tracking at 54.92 with the next point of resistance at 57.00. Should this momentum continue, there is a good chance that BTC will move above the 29,000 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
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) rallied towards 27,000 to start the weekend, as prices reacted to the latest Personal Consumption data in the United States. BTC/USD climbed to a peak of 26,916.67 earlier in today’s session, which came a day after trading at a low of 26,370.55. The move sees Bitcoin climb for a third straight session, moving past a floor at 26,3000 in the process. the latest surge in price came as the 14-day relative strength index (RSI) bounced from a support point of 39.00. the index is now tracking at 43.02, with the next visible point of resistance at 45.00. Should this point be broken, then there is a strong possibility that BTC will move back over the 27,000 level. 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
by CryptoSanders9563
3
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) slipped below the 26,000 level during today's trading session as bears continued to put pressure on the crypto markets. BTC/USD fell to a low of 25,890.59 earlier in today's session, which comes after hitting 26,703.88 As a result of today's drop, bitcoin fell to its weakest point since May 12, when it hit a low of 25,810 the decline came after a breakout above the recent support at 26,300. BTC has since rebounded, and as of writing is once again hovering above this point of support. This came as the 14-day Relative Strength Index (RSI) found a floor of its own at 39.00. 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
by CryptoSanders9563
1
BTC Wickoff 2022-2023 Shake out-Mark up?Hi dear community and my lovely followers. I would like to add another analysis which add more confluence to my previous analyses that BTC is preparing for another huge jump. As you see I Have drown BTC wickoff accumulation model 2022-2023 which shows that BTC hasn't only bottomed out but also has finished its main accumulation phase/A,B,C,D/ and now it is in a phase E /both profit-taking and acquisition of additional shares (“re-accumulation”) by Smart money/. In phase E can be small shakouts which we show at the moment, stay level headed, keep patience as BTC is preparing for Mark up to 35-37K. As I published in my previous analyses, I expect BTC to pump from 26K zone and think BTC has bottomed testing 200 weekly MA and 100 daily MA, but the worst case scenario could be test of previous support zone at 24.2-25K where Smart money will add their bags before new highs. I don't expect lower prices specially after taking out huge amount liquidity below 27K and 26.5k. BTW taking into account some bearish chart patterns/like H&S, rising wedge breakdown/ 99% expect 25K and even lower prices, as a contrarian trader I always go against the herd and expect bounce from this zone/although I have plan for both scenarios/. Don't forget to check my previous analyses/below this one/ where I shows you what are other factors which force me to expect higher prices. Don't be shake out, BTC will surprice everyone. I will also add more charts below this one, where you can find very interesting views. Don't forget to follow, like, comment, retweet. I will appreciate any kind of support. Have a good day , I wish you good trades.
BITSTAMP:BTCUSDLong
by ergal91
13
BTC SETUP"Support levels are indicated in green, from weakest to strongest at the bottom, and resistance levels are also indicated from weakest to strongest. You can enter buy and sell trades based on them." Please note that support and resistance levels are commonly used in technical analysis to identify potential levels at which the price of a financial instrument may reverse or encounter obstacles. Traders and analysts use these levels to make informed decisions about entering or exiting trades.
by smssms081