#BTC is up 30% in 14 Days. What's Next?Bitcoin is up 30% in the first 2 weeks of 2023.
This is a fantastic development in price.
Everyone who doubted my analysis is silent now.
When BTC wants to break No resistance can stop it.
Feels like May 2020.
Keep in mind Risk Management is necessary atm.
Stay in BTC, Scalp Alts. This is my plan.
The following Resistance levels to watch are $21300 and $22800 and $24300.
With a little correction, I am expecting these levels to be taken out in a few weeks or maybe days.
I have posted hundreds of updates on other social platforms indicating the best time to buy is around $16k.
I am still holding the BTC Long and I feel, The trend is changing no matter what they say.
Although the real Bull Market will begin in 2024, BTC can reach $30k from here.
Let me know what you think, and do hit the Boost Button to support my content!
Stay safe
#PEACE
Btclong
BTC succeeded doing first time since 2021 November. Hi dear community and my lovely followers, this is my first post in 2023. Happy New Year, wishing you and your family a happy, healthy and successful New Year 2023.
There is no much to tell you.
As you see BTC did exactly what I told you: Check all my analyses bellow this idea.
As you know I have been posting only macro bullish analyses since 2022 June warning you that a real BTC bottom was at 17.5K in June 2022, and the recent dump to 15.5K was a fake breakdown/bear trap/ spring/ with double bottom+ multi bull divergences.
I expected the recent pump to 21.3K strong supply zone, where BTC rejected. After retrace to 18.5-19K, it will continue its upward move to 24-25K:
Pay attention to the chart and see how BTC succeeded breaking daily KC and close candle above it for the first time since 2021 November. This is super bullish for BTC. BTW BTC broke 21 weekly EMA, I hope weekly candle closes above it.
The only thing I want to happen in coming days, daily candle close above 21.5K which will create new High and will confirm all my analyses posted since June 2022. It will mark potential trend reversal and upcoming multi-months rally.
If you like my ideas, don't forget to like, comment and follow me.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) surged for the sixth straight session to start the weekend, as the price moved above the $21,000 level.
BTC/USD climbed to a peak of $21,054.38 earlier in today's session, which comes after the price hit a low of $18,793.66 on Friday.
This jump in price saw bitcoin add up to 10% to its value over the past 24 hours, reaching its strongest point since November 5th in the process.
Looking at the charts, the rally came as the 14-day Relative Strength Index (RSI) continued to rally. It is now tracking at 89.22.
Typically, a reading of 70.00 is seen as overbought, and with this print, which is its highest point in two years, we are deep in bear territory.
When the price moves higher, many expect bearish sentiment to increase, as traders begin shorting the market.
This is not a piece of financial advice.
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Watch out for the movement of BitcoinAbout Bitcoin (important):
Note: This view is not definitive, but this view should be kept in mind so as not to be surprised.
I followed the order flow on the chart, the orders from 28K have moved well to the lower nodes
The orders that matter to us are between $19,900 and $21,800.
Bitcoin may reach $19,900 to $21,800!
It is not at all unlikely that we have a pump or a trend in this area. .
Now you may ask what will happen to the 28K orders? This remains, once we reach lower areas and stronger support, the price will rise again and the orders will be moved or cleared.
short position opportunity for btc btc isn't react from strong resistant line 18000.
I personally believe that this would be nice to short the btc from now on with low leverage.
good spot to challenge.
My target is around 12000 to 10500 .
median would be 11200 probably.
over bought and cpi data is incoming.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) climbed to a two-month high in today's session as the price climbed above the $21000 mark.
After a low of $17,995.20 on Thursday, BTC/USD rose to a high of $19,031.80 at the beginning of the day.
As a result of this move, the world's largest cryptocurrency climbed to its strongest point since November 8, when the price was above $21,000.
Looking at the charts, the rally peaked at 82.00 with the 14-day Relative Strength Index (RSI), its highest level in over a year.
Moreover, the upside trend continues to mature at the 10-day (red), and 25-day (blue) moving averages, thus adding to the bullish momentum.
Nevertheless, prices are now well beyond overbought, which could mean the bears are hiding and preparing for re-entry.
This is not a piece of financial advice.
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BTC/USDT 8HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:-BTC bounces off the cup and holds support after a successful retest
BTC has also formed a cup and handle pattern, which is technically a bullish pattern. Currently, the price is trading in an upside cup shape.
This is not a piece of financial advice.
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BTCUSDT looks Bullish!Bitcoin technical analysis update
Bitcoin formed a falling wedge in the bottom, now a price-breaking wedge pattern, in short term expecting up move from the current level.
if you are looking for a long-term investment in Bitcoin, then this is a good time to invest.
Buy zone: Below $19300
Stop loss: $17500
TP 1: $20,700
TP 2 : $22600
TP 3 : $26000
Always keep stop loss
Thanks
Hexa
BTCUSD: A Breakout Finally! Will the Support Hold? | Jan. 13It looks like the bulls have finally managed to take control after a long sideways battle.
In our previous analysis posted on CoinMarketCap Alexandria, we expected the price to rally to $18,600 upon flipping the resistance at $17,700. The price rallied to $18,800 this week and broke the $18,800 mark for the first time after November.
In the 4-hour chart, we can see a clear breakout from the supply zone at $18,800 on Friday. It is crucial for the price to sustain over the supply zone for a continuation of the rally.
We may see a minor pullback, as the RSI is pointing towards an overbought state at the time of writing.
If the supply zone is sustained, expect a strong move to the next resistance at $19,750. However, if the resistance at $18,800 fails to hold, the price could tumble back down to $17,700. Traders should wait for a retest before taking a long position, to be on the safe side.
The major points of interest are $18,800 and $19,750.
$SP500 - Lower Timeframe, Breaking Rising Wedge..? DOWN?Closed 50% of My Long on $BTC.
I'm up a good amount. The following $SPX (Sp500) scares me, we are breaking the rising wedge near the higher timeframe supply zone + diagonal resistance.
Will try to keep my altcoins running as explained in the video.
#SP500
Bitcoin where is bottom? - Levels to watch for BTCTook while to publish new idea because of some private stuff and very busy with with making better improvement with @HeWhoMustNotBeNamed on our scripts for Harmonic patterns.
Couple is reason why I post here and now is just to publish again on TV some public TA. Maybe I'm wrong this time, maybe bottom is far away or BTC already make bottom (it's in zone what I publish and talked with some of my friends year ago). But this is some levels and possible EW what I looking atm.
Back in January 2022 when most "influencers" post moon charts here and on social media I replay to some of tweets that I not agree with new ATH before we see good correction.
On screenshoot above that is tweet when I tweeted with some friends.
First I want to share here monthly chart and level what is interesting to me. That is 13880 (on Bitstamp exchange). Back in December 2017 that is level where candle close (January 2018 open or yearly open). We can see after 547 days or 17 months or almost year and half, we tested that level to tick and get hard rejected (almost tested last low (drop to 3850 and most mention bottom was 3122.28). Later Oct' - Nov' 2020 when finally Bitcoin reached again that level and broke BULL run started.
Like I mention on Tweeter (like you see on first screenshoot) I was wondering what can be Elliott Wave for this scenario if we get there and broke under last bull run (19666 back in 17 September 2017). This is what I guess atm is possible EW count.
I have two possible scenario for diagonal ending (because of some important levels (little bit more zoom on last part of diagonal ending and levels to watch).
One very important thing is what I'm not very positive for this TA is rest of market (looks to me still alts need to go more down, BTC dominance is low, need to go more high) but maybe for sake of bulls I'm right and soon we'll see some push up. Be careful.
REMEMBER
▶ You don't need to catch bottom, you can always wait for confirmation (if this is bottom will be nice bull run and you can buy on pull back)
▶If you are holder (not trader) always is good idea to add in your portfolio on some specific levels instead to buy all in just one level (keep in mind to have Stop where is your idea invalid or you can be bag holder, what I tweets a lots of time on top for ALTS, they are now 70 -95% drop).
Stay safe and good hunting
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) surged above $18,000 on Thursday, as markets prepared for a further drop in U.S. consumer prices.
BTC/USD raced to an intraday high of $18,268.55 earlier in today’s session, less than 24 hours after trading at a low of $17,337.99.
Today’s move saw bitcoin climb to its strongest point since December 14, when prices were at a peak of $18,385.
Looking at the chart, the rally took place as the 14-day relative strength index (RSI) continued to move deeper into overbought territory
As of writing, the index is now tracking at 75.98, which is its highest mark since October 2021.
Depending on this afternoon’s inflation rate, there could be a reversal in BTC, as earlier momentum may have already peaked.
This is not a piece of financial advice.
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BTC US CPI DAY JANUARYHello dear traders, we have CPI DAY
BTC took an incredible flight upwards yesterday at the end of the US session and did not give us a chance to catch this good trend
Today's CPI rules - if we hold $17800 we go up to at least $19079 and higher
I see the strongest support as the $17900 level below which when the whole candle closes on the 30 minute chart can start a bearish trend right away
I will open LONG somewhere between $18000 to $17900 if we even look there, CPI is in about 25 minutes
5 Most Powerful Single Candlestick PatternsHello, welcome to this Type of 5 Most Powerful Single Candlestick Patterns
I have tried to bring the best possible outcome to this Candlestick Patterns update
Type of 5 Candlestick Patterns:-
1) Doji:-Considered to be one of the most important single candlestick patterns, the Doji can give you an insight into the market sentiment. Dojis are said to be formed when the opening price and the closing price of a stock are the same. Since the opening price equals the closing price, these candlesticks virtually have nobody. Here’s an example of a Doji.
2) Dragonfly Doji:-The dragonfly Doji is formed when the opening and closing prices of a stock are at the highest point of the day. The dragonfly Doji has no upper shadow and a long lower shadow. The candlestick pattern looks like this.
3) Gravestone Doji:-It is the direct opposite of the dragonfly Doji. The gravestone Doji is formed when the opening and closing prices of a stock are at the lowest point of the day. The pattern has no lower shadow and a long upper shadow.
4) Spinning top:-Similar to the Doji, the Spinning Top is another single candlestick pattern that reflects indecision and uncertainty in the market. A spinning top is formed when the closing price is close to the opening price. The Spinning Top has a similar structure to the Doji, but with a smaller but distinct body. The pattern looks like this.
5) Hammer:-Hammer is a single candlestick pattern that appears at the upper end of a candle with a short body and a long lower shadow. If the upper shadow of the candle is small then the pattern is still considered a hammer. Here's what the pattern looks like.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) rallied above a key resistance level on Wednesday, ahead of tomorrow’s U.S. inflation report.
Following a low of $17,226.64 on Tuesday, BTC/USD raced to a peak of $17,493.32 earlier in today’s session.
As a result of the move, the world’s largest cryptocurrency climbed to its strongest point since December 15.
Looking at the chart, today’s price surge came as the 14-day relative strength index (RSI) broke out of a resistance point at the 60.00 mark.
Currently, the index is tracking at 63.80. This comes as BTC continues to hover around its own ceiling at the $17,400 mark.
In order to move closer to the $18,000 zone, the RSI will first need to move beyond a ceiling of 64.00 on the RSI.
This is not a piece of financial advice.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin(BTC) moved above the $17,000 level to start the week, as markets shifted their focus to this week’s U.S. inflation report.
Following a low of $16,928.18 on Sunday, BTC/USD surged to a peak of $17,283.72 earlier in today’s session.
The move saw BTC climb to its highest point since December 16, when price was at a high of $17,525.
Looking at the chart, today’s high came as the 10-day (red) moving average finally crossed over its 25-day (blue) counterpart.
In addition, the 14-day relative strength index (RSI) marginally moved past its current resistance level of 60.00.
As of writing, the index is tracking at 60.46, with the following visible ceiling at the 63.00 zone.
This is not a piece of financial advice.
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BTC/USDT 4HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:-BTC attempted to break the horizontal red resistance and was able to trade above it. Now it is trading above it again.
Here we need a successful retest above the horizontal red resistance to confirm another bullish move.
If it continues to decline from here, it will do some correction towards the horizontal support from where we can expect a bounce back.
This is not a piece of financial advice.
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