BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin (BTC) was in the green to start the week, with the price trading at its highest point since last Friday.
Traders are optimistic heading into August, which has historically been a bullish month for the cryptocurrency.
BTC/USD hit an intraday high of 29,489.87, which comes following a low at 29,059.50 during Sunday’s session.
Bitcoin bulls rejected a breakout below the 29,000 mark, just as the relative strength index (RSI) closed in on a collision with a resistance level at 46.00.
This ceiling appears to be a major obstacle preventing price from moving towards its obvious target at the 30,000 mark.
At the time of writing, the RSI is tracking at 45.97 with bitcoin at 29,362.66.
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Btclong
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) continued to trade above the 29,000 mark on Friday, despite bearish pressure intensifying in today’s session.
After hitting a high of 29,520.71 on Thursday, BTC/USD dropped to an intraday low of 29,099.35 earlier in the day.
The move saw bitcoin briefly fall below a support point at 29,200, however, prices have since climbed back above this point.
This latest slippage comes as the 10-day (red) moving average continued its downward cross versus its 25-day (blue) counterpart.
In addition to this, the relative strength index (RSI) neared a breakout below a floor at 41.00, however, it has so far avoided this.
Should this occur, BTC's next possible destination could be 28,000.
I have tried to bring the best possible outcome to this chart.
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$POGAI - SWING LONG Another great Long setup here with a nice SL R/W is high.
Experienced traders only, take caution on overall market, bitcoin looks ready to launch, especially after massive shorts piling up, I believe POGAI next leg up setup is near, play accordingly gents.
Falling Wedge setup...
I'm in.
NFA
#BTC 🟢 M15. Long. (#BITCOIN)Range H4, within which the price has been moving stubbornly for more than three weeks.
After the enchanting liquidation of all longists by one hourly candle (who expected continued growth above 31K), an imbalance formed at the lower boundary of the H4 range, which I decided to take into work.
But he predicted the development of events for Monday, when all markets will be active and volumes will come in.
The long-awaited entry point, I did not expect that there would be an activation on the weekend, but it happened :)
M15 unbalance test, and instantly backlash like a spring to the first target.
The entry point is excellent, the price movement potentials are good.
I will close the targets within the H4 range and a little higher, at the unclosed potential of the previous H4 range (31744)
Another target as an experiment (additional order) is 34400.
Since something tells me that this will be the last long in our current H4 range, after which the price will break through it and fly to test the resistance of D1.
The price has gone under the First Buyer of stock options very much. (and this is currently 31500)
The buy price is below the market opening price. (✔️)
The purchase price is at the lower boundary of the H4 range. (✔️)
The purchase price is below the volume bearish candle. (✔️)
M15 Unbalance at the lower limit of the range H4. (✔️)
entry point: 30160 (on imbalance test)
stop: 29971
tp1: 30345
tp2: 30724
tp3: 31121
tp4: 31744
tp5: 34400
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BTC/USD peaked at 31,814.51 late on Thursday, after trading at a low of 30,486.69 earlier in the day.
Yesterday’s peak is the most vital point Bitcoin has hit since late May last year, the last time price was over 32,000.
BTC has since declined, as traders move to secure gains, resulting in the price now trading at 31,208.15.
This comes as the relative strength index (RSI) failed to break a ceiling of 66.00, and is now tracking at 62.62.
Today’s move also averted a downward crossover between the 10-day (red) moving average and 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.
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BUY MORE BTC AT THIS ZONE AND HOLD!!!!I will drop a lot of pictures on this to make it easily understandable
Firstly on the 3Months time frame we have an all-time high and a drop to 78.2% on Fibo which is 15739.75
then we started reversing slowly, I didn’t see it at first but then I saw it on the drop to 19600
A series of HH and HL has been created; the latest one was in 24700 which is at 50% Fibonacci from the previous High at 31250 indicating a reversal that we are seeing
So I expect that low to take out the previous liquidity well and then find a new higher high which will be at 36261 or high to 48k before halving; there we will see what the market will do and then see.
Bitcoin to extend gains today?Bitcoin - 24h expiry - We look to Buy a break of 31818 (stop at 31018)
Short term momentum is bullish.
There is no indication that the rally is coming to an end.
A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level.
A break of yesterdays high would confirm bullish momentum.
We look for gains to be extended today.
Our profit targets will be 33818 and 34318
Resistance: 31775 / 32500 / 33500
Support: 31042 / 30800 / 30300
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Potential BTC move towards CME GAP Hey Guys,
Another update:
I think my view is still valid.
Think we wil see a pump towards maximum $31000 area, then aggressive correction followed by some consolidation and move maybe further up or moving further down and eventually we might see lows.
How low? I think first we see $20000 - $19800 area with lows around $17350. If this area not holding we can see the very lows before summer between $12000-$14000. This area is a massive buy order for me if it come that far! Lets see my friends. Hope you enjoy my update. Appriciate your thumbs up! Wish you all a ver nice day!
Thank you!!
****Its my tradingplan and its not financial advise****
Cryptodjens
WTC getting Buyer Interest hereWTC getting Buyer Interest here
WTC breakout Falling wedge and also getting support as well
#BTC 🟢 M15. Purchase (Bitcoin). Resistance Level ImbalanceAfter I got a stop loss a little higher, this imbalance looked very good.
I took it to work - I did not regret it.
price below market opening price (✔️)
the price fell with a volume candle under the First Buyer of stock options (✔️)
price near the bottom of the range (H1) (✔️)
unbalance entry point formed (M15) (✔️)
input: 30006
stop: 29852
tp-1: 30155
tp-2: 30457