Get started

Btcshort

BTC | Short H4 | Market Exec |Crypto Toppish For NowTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is close to a Resistance Trendline - Price action is close to a 200 EMA (still bearish for now) - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Fundamental Confluences for Trade: - Nothing new in the Crypto space to start any new hype to enter the market - Crypto ETF craze has passed; wait for the next one maybe for ETH Suggested Trade: Entry @ Area of Interest 62,700 - 65,300 SL @ 68,042 TP 1 @ 59,200 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 53,685 Risk-to-Reward @ Approx. 2.27 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
BTC/USDT 4-HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Bitcoin has recently crossed the 21 level, then returned above it, now hovering around the upper boundary of the parallel channel (yellow line on the chart). It's maintaining this level presently. BTC may decline around $64000, but if it surpasses this and rebounds from the channel, a significant rally is possible, impacting altcoins positively. Failure to break the channel could lead to another downturn. Thanks for the comprehensive update! I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
BTCUSD Analysis (4th May 2024) Crypto Analysis (4th May 2024) BTCUSD Analysis On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish BOS. There are 2 scenarios i am looking at currently. 1) Price rejects of the 4 hour OB and creates a 15 minute bearish Change of Character. Once it has done that, i will look for another 15 minute bearish BOS to confirm that the bearish orderflow on the 15 minute is aligned to the 4 hour bearishness. 2) Price continues bullish and breaks past the 4 hour OB. If that is the scenario, i want to see a body candle close above the OB, before looking for a break and retest on the 1 hour timeframe to potentially continue higher. Further confirmations like a 5 minute bullish CHOCH after the retest of the OB will give me more confidence to look for BUYS.
BINANCE:BTCUSD
by CallistoFX
!BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Today's BTC update will be concise. Observing the 4-hour chart, it appears that BTC's 21-day moving average has been breached. Consequently, BTC might experience a surge today, potentially influencing its associated legacy markets. However, failure to breach the 21-day moving average on the 4-hour closing could lead to a notable decline in BTC, which may also impact ALTcoins negatively. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563
BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. #BTC/USDT Update: Bitcoin sees massive selloff I have been keeping you updated on the recent movements of BTC and the result is clear. Over the past few days, we have seen a massive dumping of Bitcoin, resulting in a significant drop in its price. Despite ongoing efforts to monitor and analyze the market, selling pressure has intensified, causing a significant decline in the value of BTC. It is important to remain cautious in such times of volatility and uncertainty. Although the current situation may seem challenging, it also presents opportunities for those who are prepared to operate effectively in the market. As always, I will continue to provide updates and insights to help you stay informed and make informed decisions in your trading journey. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. The daily chart shows Bitcoin consolidating between $60K to $72K. Recent price action dipped towards the lower end of this range. Bitcoin is now at a crucial support zone between $69,181 and $59,575, aligned with the EMA100-day moving average at $59.800K. This support area could prompt a bullish reversal. However, a sudden breach below could trigger a long squeeze and a significant downward move. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my profit and losses. So, do your research before investing in this trade. Hit the like button if you like it and share your charts in the comments section. Thank you.
by CryptoSanders9563
2
BTC/USDT 1DAY CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. BTC continues to oscillate within the $60K to $70K range, unable to decisively breach either level. The Relative Strength Index (RSI) has also stabilized around the 50% mark, indicating a balance in momentum. Currently, BTC appears to be retracing towards the $60K support zone. Should this level fail to hold, a significant breakdown could occur, potentially leading to a substantial decline towards the 52K region. Conversely, if the market manages to surpass the $70K threshold, it would likely pave the way for a new all-time high. As such, traders are closely monitoring these key levels for potential breakout or breakdown scenarios. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my profit and losses. So, do your research before investing in this trade. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USDT 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update. BTC is presently exhibiting a symmetrical triangle pattern, with resistance from the Ichimoku cloud and the 100-day moving average. Moreover, the MACD crossover suggests a potential shift toward bullish momentum. Thus, it is prudent to exercise patience and await a clear breakout or breakdown of the triangle for confirmation of the upcoming direction. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
BTC Analysis (27th April 2024) Crypto Analysis (27th April 2024) BTCUSD Analysis On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish Change of Character, leaving behind a large 4 hour bearish FVG. Price retraced into the fvg, respected it and continued to create a 4 hour Bearish BOS. Dropping to the 1 hour timeframe, price has created a 1 hour Bearish unmitigated orderblock we can look to take sells from if bearish confirmations shows after testing the OB. Else, if price decides to break past the bearish OB, we can capitalise on a break and retest to continue higher.
BINANCE:BTCUSDShort
by CallistoFX
BITCOIN 4 HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update. #BTC/USDT There is no difference in the updates of BTC, for this, I have been continuously updating you guys for a few days and the result is in front of you. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563
BTC/USDT 4HOUR UPDATE !Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update. Looking at the BTC 4-hour chart it seems that BTC should be dumped from here but if BTC breaks $67000 from here then there will be an upside So this will invalidate my charts and BTC should dump about 10% to 15% from here I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
Bitcoin Price Prediction !!Bitcoin has been trading sideways within a broad range for an extended period, frustrating traders who have been eagerly anticipating a breakout. The current price action suggests that a significant move, either upwards or downwards, is imminent. In this analysis, we will explore two potential bearish scenarios and one bullish breakout scenario, along with key factors influencing price movements. Key Factors to Consider Declining Bitcoin Dominance: Bitcoin's dominance over the altcoin market is gradually decreasing, indicating a potential shift in investor sentiment. This could lead to a redistribution of funds across the cryptocurrency landscape. RSI Nearing Critical Zone: The Relative Strength Index (RSI) on the weekly timeframe is approaching the 70 level, which is considered a bearish zone. A break below 70, confirmed by a 4-hour candle close, could signal a significant decline in Bitcoin's price. Scenario 1: Bearish Breakdown In this scenario, Bitcoin fails to break above the current range and experiences a bearish breakdown. Rejection at 68,000: Bitcoin could face resistance at the 68,000 level, triggering a drop towards 60,000. This rejection could be due to profit-taking by traders who have accumulated at lower prices. Liquidity Vacuum at 60,000: The 60,000 zone has witnessed significant outflows, with many traders selling their Bitcoin holdings. This lack of liquidity could amplify the downward move. Further Decline to 56,700 and 52,000: If the selling pressure persists, Bitcoin could extend its decline to 56,700 and eventually reach 52,000, representing a significant bearish target. These levels have historical support and could act as potential buying zones. Scenario 2: Temporary Pullback Followed by Rebound In this alternative scenario, Bitcoin experiences a temporary pullback before resuming its upward trajectory. Retest and Consolidation at 73,800: Bitcoin could retrace to the 73,800 area, allowing whales (large cryptocurrency holders) to accumulate and prepare for a potential breakout. This consolidation phase could provide support for the price. Potential Sell-off at 73,800: Once the accumulation phase is complete, a sell-off could ensue, pushing the price back towards 60,000 and 52,000. This sell-off could be triggered by profit-taking from whales or a shift in market sentiment. Bullish Breakout: If Bitcoin manages to close a daily candle above 74,400, it could invalidate the bearish scenarios and potentially signal a breakout towards 81,000, marking the start of a new bullish cycle. This breakout could be driven by positive news, increased institutional adoption, or a surge in buying pressure. Conclusion The current price action of Bitcoin suggests a higher probability of a bearish move in the near term. The declining Bitcoin dominance, the RSI approaching the critical zone, and the historical support levels at 60,000 and 52,000 all point towards a potential downward trend. However, the possibility of a temporary pullback followed by a rebound or a bullish breakout cannot be entirely ruled out. Traders should exercise caution and carefully monitor market developments before making any trading decisions. Disclaimer: This analysis is based on technical indicators and market observations and should not be considered financial advice. Please conduct your own research and make informed trading decisions based on your risk tolerance. Which one do you like?
BINANCE:BTCUSD
by Crypto-Oracle1
#BTC/USD WEEKLY CHART UPDATE !!Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. BTC Weekly Update. As we can see on the weekly time frame chart, the last time BTC broke a triangle pattern followed by an all-time high, and now on the weekly chart, BTC is being seen forming a head and shoulders pattern. If the weekly chart is going well then BTC may have to take it to $31500 to become the second shoulder of the inverse head and shoulders and once BTC completes the inverse head and shoulders pattern from here we will see the upcoming halving. Before this, we will see a bullish trend in BTC. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my profit and losses. So, do your research before investing in this trade. Do hit the like button if you like it and share your charts in the comments section. Thank you.
COINBASE:BTCUSD
by CryptoSanders9563
2
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update. BTC may face rejection from 66800. 25MA is registered And yes fell back and $61000 is its support level. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563
BTC/USDT 4HOUR UPDATE. Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update. Looking at the chart it seems that BTC can reach $67000 from here. Strong Support for BTC Only $61000, BTC Halving Completed Just a Few Hours Ago I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
BTC !! Adjust before HAVING zone 60,000⭐️ Smart investment, Strong finance ⭐️ CRYPTO INFORMATION: Bitcoin's price has experienced a significant decline since April 9. However, the downward trend has become more pronounced in recent days due to three primary factors. Firstly, the escalating confrontation between Iran and Israel has contributed to the market's unease. The former Mossad intelligence chief's statement suggesting a potential strike on Iran's nuclear facilities has heightened tensions and caused panic among investors. As a result, many are seeking refuge in traditional assets like gold and silver, further impacting Bitcoin's price. Secondly, Federal Reserve Chair Jerome Powell's recent hawkish stance has added to the market uncertainty. In a Tuesday announcement, Powell expressed the Fed's continued lack of confidence in inflation levels. He indicated that interest rates may remain higher for an extended period. This unexpected reversal caught the market off guard, as it had been anticipating a rate cut in June. Now, there is doubt regarding the possibility of any rate cuts in the near future. Lastly, the ongoing COVID-19 pandemic and its impact on global economies have also played a role in Bitcoin's price crash. As countries struggle to contain the virus and deal with its economic repercussions, investors are becoming increasingly cautious and seeking safer investment options. These catalysts, combined with other market factors, have contributed to the current decline in Bitcoin's price. ⭐️ Personal comments NOVA: BTC corrects around $60,000 before HAVING. Price range $50,000 - $52,000 is a good price range for the uptrend period to begin ⭐️ SET UP BTC PRICE: 🔥SELL BTC zone: $64.200 - $63.900 SL $64.700 TP1: $63.000 TP2: $61.500 TP3: $60.000 🔥 BUY BTC zone: $60.000 - $60.200 SL $59.400 TP1: $61.500 TP2: $62.200 TP3: $63.000 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
3
BTC Downside Part 2 of 2 Waves to back up theory $52-32K I don't trade Elliot waves but will help define where market's heading, up, down , sideways, duh-huh Notice that on the 6hr, this chart the 50SMA crossing down again below the 200SMA, on the 5 day it's postured the other way more bullish 5 waves down, 3 corrective waves up, should be another 5 down if BTC caa'nt reclaim and hold $64.5K, top of the 3 waves, then the Add post 1 with this post and, I found another wave set in previous run, check out my TView channel Chefrusty
INDEX:BTCUSDShort
by Chefrusty
5
BTC/USDT 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update. Looking at the chart it seems that BTC may bounce to $63000 from here. BTC had broken the old support a few hours ago and has come back above it and closed but we cannot understand this strength. The strong support for BTC is only $52000 and there is also BTC halving in the coming few hours. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
by CryptoSanders9563