Btclong
20 reason for sell BTC 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Near to bottom, last impulse move is ready
2 📆Monthly: extreme support level is coming from 13500 to 12000. Overall area trend is bearish
3 📅Weekly: bear
4 🕛Daily: Rounding Pattern /need to correct Structure Imbalances level
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bear
6: 2 Pattern Candle Chart: resistance at mid-band
7: 3 Volume: low volume at correction
8: 4 Momentum UNCONVENTIONAL Rsi: sideways between 40 to 60
9: 5 Volatility measure Bollinger bands: resistance at mid-band or 20 moving average
10: 6 Strength ADX: bearish farming a retracement curve bears are strong
11: 7 Sentiment ROC:
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish till level
13: entry move: we will enter at a bearish move
14: Support resistance base: daily resistance
15: FIB: waiting for a trigger
☑️ final comments: wait till full correction
16: 💡decision: sell at resistance
17: 🚀Entry: 17900
18: ✋Stop losel:18750
19: 🎯Take profit: 13500
20: 😊Risk to reward Ratio: 1:8
🕛 Excepted Duration:30 days
#BTC/USDT 2HOUR UPDATE !!Hello, welcome to this BTC update.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC is consolidating in a bullish pennant between the narrow range of $16,880 to $17,069.
A solid breakout of the bullish pennant and a break above the horizontal resistance will give a bullish confirmation for a target of $18,200.
An effective breakdown of the bullish pennant would be a sign of correction to retest the point of control or the marked descending trendline.
Bitcoin tested the bull flag upper line but was unable to break. We may see some movement on Monday when global markets open. If BTC closes the candle below $16,880 then we see a move toward a major support area.
This is not a piece of financial advice.
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BTC/BARTS HEAD LONG/SHORT SETUPIn this idea I share one of my very own formations that only I have observed and classified. I have many formations of candlesticks that always move the same way that are all my own and have never been written about or discussed by any trader or master analyst. I know there is always those people that will shout "THERE IS NO ABSOLUTES!!" and will pair that exclamation with a angrily shaken fist. To those people I politely disagree. There actually is a lot of constants...This one I am willing to share.
This is the Bart's Ankle and can be found at the base of a barts head's rise. It is the foundation of the barts head.
This is not something I would expect others to pick up on by staring at candlesticks, but I only use candlesticks to do my analysis. They speak to me and to me the slightest differences speak volumes. So show me some love for this amazing share and follow me to share in more of my unique concepts and ideas that keep you in the gains and don't leave you unaware to be rekt. Much love to my supporters
Unique Update Of BitcoinHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin (BTC) was consolidating to start the weekend, following the U.S. nonfarm payrolls (NFP) report.
Figures yesterday showed that 263,000 jobs were added to the American economy, better than the 200,000 markets had expected.
This rise in jobs has left cryptocurrency markets unsure of what the Federal Reserve will do in its next policy meeting.
BTC/USD slipped to a low of $16,877.88 following the news, which is lower than Friday’s peak of $17,116.04.
The 14-day relative strength index (RSI) has also slipped, now tracking at 52.16, which is close to a floor of 52.00.
Despite this, the 10-day (red) moving average has now fully crossed over its 25-day (blue) counterpart, which appears to signal upcoming bullish momentum.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC rejected from the horizontal resistance after hunting stops above it by a liquidity grab wick.
Now, it is in no man's land, and the direction is unclear until it will do a solid breakout.
In case of further rejection, there is a possible scenario of creating a higher low above the POC level or above the marked descending trendline.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Don't miss the greatest buying opportunity. When BTC bottom? Dear community and my faithful followers, if you want to make life-changing decisions and become super rich don't wait lower prices.
It isn't financial advise but I don't want you to make the same mistakes I made some years ago and don't miss the best buying opportunities.
Otherwise you will blame and slap yourselves couple months later not buying #BTC and #altcoin at current levels.
As I mentioned many times in my previous analyses #BTC bottomed at 17.5K in June 2022 and the recent dump to 15.5K is a fake breakdown/ bear trap/ with double bottom like 2021 November top which was a bull trap/ fake breakout/ with double top. My worst case scenario is 13.7-14K but I expect new rally from this point.
As you see on my chart, green rectangles are accumulation zones. Best buying opportunities happens when price moves inside green rectangle and 1st indicator flashes green dot penetrating in a green zone and 2d indicator flashes vertical green line and blue line appears in 25-30 zone. It happened 3 times in the whole BTC history.
If you like my ideas, don't forget to like and follow me please. I will appreciate a lot.
BTC/USDT 2HOUR UPDATEHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC bounced with a good volume after doing a breakout of the descending trendline and POC level.
The bulls are showing strength and attempting to break horizontal resistance. An effective breakout above it will affirm a push toward $18,200.
In case of rejection, a retest of the POC level or of the marked descending trendline could be a potential situation.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Very Strong Buy Indicator for BitcoinBitcoin seems very bullish today especially if the 1 day candle will close with a big green candle and small wicks.
1. We can see that the bitcoin price breaks out from its falling wedge in 4 hour timeframe. (Some will see the pattern as a descending triangle.)
2. The price crosses upward in the 200 SMA in the 1 hour timeframe. As long as it stays there, we are bullish.
3. DMI looks very bullish but we can see small pullbacks later on this day. As long as the ADX has positive slope its fine and the ADX has not been on above 50 level yet.
I'm looking forward for reversal of the bitcoin price but we still need more confirmation. I'm looking to hold my trade for a long time.