BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) rebounded on Wednesday, which comes in the aftermath of the latest U.S. consumer confidence report.
Confidence fell to a reading of 102.9 in February, less than the 108.5 sum that markets had anticipated.
Following a low of $23,077.65 on Tuesday, BTC/USD surged to an intraday peak of $23,880.63 earlier in the day.
The move pushed bitcoin marginally past a long-term resistance level at $23,800, hitting a five-day high in the process.
Another slight breakout occurred on the 14-day relative strength index (RSI), which climbed beyond a ceiling at 54.00.
At the time of writing, the index is tracking at 55.02, with the next visible resistance zone at the 60.00 level.
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Btclong
BTC the SAME pattern This is my best simple trade set-up. After we took range low liquidity, price gonna hunt for range high liquidity. Also, a good confluence for me is optimal trade entry 0,62 Fib.
Short term I am bullish until we hit range equal highs.
Thank you for attention, have a good profit!
Not a financial recommendation.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) fell for a second straight session on Tuesday, as prices flirted with a breakout below $23,000.
BTC/USD moved to an intraday low of $23,205.88 earlier in today’s session, which comes less than 24 hours after hitting a high of $23,857.89.
The move comes after bulls were unable to jump back above the $24,000 mark on Monday, with bears using this as an opportunity to reenter.
Looking at the chart, the 14-day relative strength index (RSI) also failed to break out of the resistance of its own at 53.00
At the time of writing, the index is trading at 52.46, with bitcoin slightly higher than its earlier low.
BTC is now trading at $23,466.92, with a move back toward $23,800 still on the cards.
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BTC can break resistance line of channel and continue to growHello traders, I want share with you my opinion about Bitcoin. When observing the chart, we can see how Bitcoin entered the downward channel and is currently trading inside. Inside the channel, the price created a buyer zone, which it tested several times, bounced off it and begin to move up. Now the price is close to the resistance line of the channel and can continue to rise and break through it. After a possible braekout resistance line of channel, the price can continue to move upwards. So, based on this analysis, I see 2 goals for Bitcoin at level 23785 and resistance area 24450-24590. Please share this idea with your friends and click Boost 🚀
bullish trendI was very much pessimistic with bitcoin since 2021 and I was right.
The shorting btc gave me a lot of profit since I took off the top of btc previously.
Economical data indicates that coin will fall off this year.
But I would like to try some short term bullish target to 28500.
MACD is strong and steady. people are still pessimistic. I think perfect opportunity to surprise the market by pumping little more and make investors to be feel confused.
Bitcoin Golden Cross - Bullish Move to $33,000The 50-day moving average just crossed above the 200-day moving average, a popular bullish signal in the crypto and financial trading world. Bitcoin dropped back to the $22k area (zone of the cross) and found pretty healthy support, from which it bounced back up strongly and made for the $25k mark.
$25k proved a stronger resistance than the bulls previously, though. Now letting out some steam, the bulls (or, shall I say, 'the manipulators') are gearing up for another try at the 25k resistance.
Remember that this is a long forecast on BTC, but it is short-term. A sharp spike upwards to $33k, then a flash crash to less than $0.1 and back up to $10k is expected soon (purely off the charts). Fundamentals aside, the strong support provided by the 50-day EMA will give Bitcoin bulls the extra juice they need to break up over $25k.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes.
Following a low of $23,644.32 on Wednesday, BTC/USD surged to an intraday high of $24,572.09 earlier in the day.
As a result of this, the world’s largest cryptocurrency broke out of a key resistance level at the $24,200 point.
This rebound also came as the 14-day relative strength index (RSI), bounced from a floor of its own at 59.00
Currently, the index is tracking at a reading of 59.90, with the next visible point of resistance at the 66.00 zone.
Should bulls attempt to reach this level, there is a strong chance that bitcoin will be trading above $25,000.
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Bitcoin to continue rally?Bitcoin - 24h expiry - We look to Buy a break of 25222 (stop at 24622)
The bullish engulfing candle on the daily chart is positive for sentiment.
Posted a Double Top formation.
25200 has been pivotal.
A break of bespoke resistance at 25200, and the move higher is already underway.
Overnight prices dipped through the 23833 support but have rejected this move and remain supported going into this mornings European open.
Our profit targets will be 26722 and 26922
Resistance: 24500 / 25200 / 26000
Support: 24200 / 23570 / 23330
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Bitcoin Quick Trade Long is safeBitcoin Trade is around the 24.5K to 25.5K range and my analysis said BTC goes upward
Crypto News Sentiment = Negative
U.S Fed Side in this month = Neutral
Crypto Market Sentiment= Undienet Or Bearish
U.S market = breaks bear trend and moves uptrends
Dollar Index = Falling Fakeout
This All things my analysis drives me to is time for the long and overall market trend is still bearish
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) extended recent declines on Wednesday, as markets began to anticipate the upcoming FOMC minutes report.
Today’s report will shed light on the Federal Reserve’s current view of the U.S. economy, in light of last month’s 25-basis-point hike.
As a result, BTC/USD fell to an intraday low of $23,902.54 on hump day, less than 24 hours after hitting a high of $24,824.10.
The decline comes following two breakouts, first the 14-day relative strength index (RSI) moving below a support point at 61.00, plus prices falling under $24,200.
Currently, the index is tracking at a reading of 59.24, which is its weakest point since February 14.
A floor at 58.00 awaits remaining bulls, which could potentially help ease the current bleeding in prices.
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Buying Bitcoin on dips.Bitcoin - 24h expiry - We look to Buy at 24001 (stop at 23341)
Daily signals are bullish.
Preferred trade is to buy on dips.
50 4hour EMA is at 23960.
Bespoke support is located at 24000.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 25651 and 25951
Resistance: 25000 / 25200 / 25500
Support: 24650 / 24200 / 24000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
#BTCUSD - Is this the Start of the $30k Move?So, after a massive move upward at the start of the year, bagging us a very healthy 30%, we've had a little wobble with a losing Short trade and now we're looking at a potential Long up to the 30k mark.
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
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theCrypster
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) remained close to the $25,000 level to start the week, as market sentiment shifted towards bulls.
Following a high of $25,093.06 on Sunday, BTC/USD is currently trading at $24,808.03 at the time of writing.
Monday’s move comes as prices bounced from a recent support point at $24,200, and now appear to be on course for a ceiling $1,000 away.
Overall, the catalyst of this surge appears to be the 10-day (red) moving average, which crossed its 25-day (blue) counterpart over the weekend, in a move known as a “death cross.”
In addition to this, the relative strength index (RSI) once again moved beyond a resistance point at 64.00.
As of writing, the index is currently tracking at 65.88, which is marginally below a hurdle at 66.00, and this could be a reason why BTC has fallen from earlier highs.
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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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) BTC has also formed an Adam and Eve chart pattern and attempting to break out its neckline and making it weak in each attempt of breakout.
We've to wait for a breakout with a successful retest above it, which would confirm a strong bullish rally in the market.
If the bottom is closed then the chat will be invalid
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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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) moved toward the $25,000 mark on Saturday, as crypto markets rebounded from yesterday’s declines.
Following a low of $23,712.05 on Friday, BTC /USD raced to an intraday high of $24,924.04 earlier in the day.
As a result of this move, bitcoin once again broke out of its long-term resistance level at the $24,200 point.
the 14-day relative strength index ( RSI ) also moved back above its own resistance level at 65.00, after tracking near the 61.00 mark on Friday.
As of writing this, price strength is currently at a reading of 65.29, with a ceiling at 70.00 a possible target for bulls.
The 10-day (red) moving average has also fully shifted course, and looks to be nearing an upward cross with its 25-day (blue) counterpart.
Should this occur, BTC could be above $26,000 before the end of the 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