Btcshort
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin (BTC) snapped a four-day losing streak on Friday, after it was reported that the U.S. Senate had passed the bill to increase the debt ceiling.
This comes ahead of Monday’s deadline, which could have resulted in the government running out of cash, had the bill not been approved.
BTC/USD raced to a peak of 27,203.32, which comes a day after dropping to a bottom at 26,574.64.
it appears that this move took place after bears were unable to break a long-term floor at 26,500, prompting bulls to reenter the market.
the relative strength index (RSI) moved above a floor of its own at 46.00, and is currently tracking at 48.12.
The next test to see if bitcoin can sustain this momentum will come at the 27,500 ceiling. If passed, there is a good chance that price will be above 28,000 this weekend.
I have tried to bring the best possible outcome to this chart.
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BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) moved below the 27,000 level in today’s session, ahead of Friday’s non-farm payrolls report.
It is expected that the number of jobs added to the U.S. economy will come in at 190,000, less than the 253,000 sum the month prior.
BTC/USD fell to a low of 26,671.72 earlier in the day, which comes following a peak at 27,346.11 the day before.
this latest decline occurred as a result of the relative strength index (RSI) falling below a floor of 46.00.
the index is now tracking at 44.58, with a support point of 43.00 as a possible target.
Should this level be hit, there is a strong possibility that BTC will hit a floor of its own around 26,300.
I have tried to bring the best possible outcome to this chart.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) neared a breakout below 27,000 on Wednesday, as markets reacted to the latest data surrounding consumer confidence in the United States.
Following a high of 28,037.69 on Tuesday, BTC/USD slipped to an intraday low of 27,009.69 earlier in the day.
The downturn comes as momentum in the market has slightly shifted, with the global crypto market cap falling by 2.59% as of writing.
today’s decline in BTC comes despite an upcoming crossover between the 10-day (red) and 25-day (blue) moving averages.
it appears that a failed breakout of a ceiling at 53.00 on the relative strength index (RSI) played a significant role in this.
The index is now tracking close to a floor at 46.00, with a current reading of 47.10, and should this hold, a reversal is still possible.
I have tried to bring the best possible outcome to this chart.
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MY BTC FORCASTBase on the monthly BTC is on a bearish rising wedge, and a has falling from a major POI with a H&S pattern. Knowing that the HTF bias is an uptrend, moving to the lower TF the Daily is on a falling wedge and its descending from a major declining pressure to the trend line below but going to the 1h and 15M TF the price is retracing from a long chain of S&R Zone which has gain back momentum to the up side.
MY PLAY
If we get to the up side trendline i will enter a 50% short after a confirmation because we have not yet hit the BSL and we have a 3% gap to cover so we be entering and if the price grace us with even higher entry we will enter a 100% sell after a confirmation on the Resistance up above the falling wedge showing a breakout and might give us a double top showing a sell pattern to the downside. and my SL above the low that triggered the current fall the 27860 range
BTC, LTC Bearish ⛈️ ETH Slightly Bearish. Brace for Turbulence! Stormy conditions lie ahead for the global crypto market, including Bitcoin, Litecoin, Binance, and Polkadot. 🌩️ This translates into a very bearish market with some downside risk. Ethereum is an exception, facing a "slightly" bearish market with downside risk.
The mood among investors is somewhat pessimistic 😔 as May inflation figures remain way above the central banks' targets. This signals additional rate hikes. Uncertainty about the passing of the proposed debt ceiling deal through the US Congress also weighs on the mood.
Over a one-week horizon 📆 , Bitcoin is predicted to face a slightly bearish market with a downside risk, while XRP faces tropical conditions – 🌴 with an imminent market correction likely.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
BTC Analyze 29/05/23 - Short-term SellBINANCE:BTCUSDT
• Time frame: H1, H4
• Trading Strategy: Short
• Entry 1: 27950
• Entry 2: 28250
• TP 1: 27350
• TP 2: 26850
• TP 3: 26550
• SL: 28550
** It is recommended to close the position before 2/6.
*** The article shares a subjective opinion. Not investment advice.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) jumped back above 28,000 on Tuesday, with a possible death cross signaling upcoming bullish momentum.
BTC/USD hit a peak of 28,044.76 today, following a low of 27,563.88 earlier in the session.
Today's move led to Bitcoin remaining close to a three-week high at 28,473, which was marginally below a ceiling of 28,500.
Tuesday's rebound comes as the relative strength index (RSI) remained above a floor of 53.00.
the index is now tracking at 54.29, with a ceiling of 57.00 still a possible target for current bulls.
As the session has progressed, earlier gains have slipped somewhat, as market uncertainty remains high.
I have tried to bring the best possible outcome to this chart.
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BTCUSDT ➡️ TR prz Bitcoin in TR PRZ price is fluctuating,
🌐 my opinion about its price movement is to see lower floors,
according to the price gap of a few percent yesterday, this analysis is more confident than before.
make money 🔥
❌❌❌ What do you think about the Bitcoin price trend? Share with me ❌❌❌
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) started the week climbing above 28,000 as crypto markets reacted to an apparent agreement to raise the US debt limit.
After hitting a low of 27,125.53 on Sunday, BTC/USD rose to a high of 28,432.04 in today's session.
bitcoin moved to its highest point since May 8, when the price reached a high of 28,676.
it appears that the latest move happened once the Relative Strength Index (RSI) broke above the ceiling at 53.00.
Price strength has climbed since then, and the index is currently tracking at 54.92 with the next point of resistance at 57.00.
Should this momentum continue, there is a good chance that BTC will move above the 29,000 mark.
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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) rallied towards 27,000 to start the weekend, as prices reacted to the latest Personal Consumption data in the United States.
BTC/USD climbed to a peak of 26,916.67 earlier in today’s session, which came a day after trading at a low of 26,370.55.
The move sees Bitcoin climb for a third straight session, moving past a floor at 26,3000 in the process.
the latest surge in price came as the 14-day relative strength index (RSI) bounced from a support point of 39.00.
the index is now tracking at 43.02, with the next visible point of resistance at 45.00.
Should this point be broken, then there is a strong possibility that BTC will move back over the 27,000 level.
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
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) slipped below the 26,000 level during today's trading session as bears continued to put pressure on the crypto markets.
BTC/USD fell to a low of 25,890.59 earlier in today's session, which comes after hitting 26,703.88
As a result of today's drop, bitcoin fell to its weakest point since May 12, when it hit a low of 25,810
the decline came after a breakout above the recent support at 26,300.
BTC has since rebounded, and as of writing is once again hovering above this point of support.
This came as the 14-day Relative Strength Index (RSI) found a floor of its own at 39.00.
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
Bitcoin continues to hold back bulls.Bitcoin - 24h expiry - We look to Sell at 27388 (stop at 27888)
We look to trade the current range.
Bespoke resistance is located at 27500.
We look for a temporary move higher.
The bias is to break to the downside.
The sequence for trading is lower lows and highs.
Our profit targets will be 26138 and 25738
Resistance: 26800 / 27200 / 27500
Support: 26600 / 26500 / 26250
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Bitcoin, Full Chart Analysis It's not financial advice. it's just whatever I think we will see soon.
So just notice and think about it.
Are you ready? So, Let's go
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Hello Guys. new day, new analysis.
many of you sent me messages about counting BTC waves. and today I want to show you everything you need to know about Bitcoin.
I separated waves by different colors to understand where we were!
everything is clear.
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After finishing five waves we began correction waves. we know them as A, B, C
the A waves started from 69k has 5 microwaves.
The Second one is B and it has 3 microwaves.
and finally, we have a C wave that included 5 waves.
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At this time we are in the B wave and the market could go up to the 0.382-0.618 level of the Fibonacci Retracement of the A wave. After that, the C wave will begin.
as I told you before the C wave has 5 microwaves ad we expect the market to drop step by step.
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please write your comments below and tell me what you think.
Are you agree with me?
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Sincerely Yours
BTC SETUP"Support levels are indicated in green, from weakest to strongest at the bottom, and resistance levels are also indicated from weakest to strongest. You can enter buy and sell trades based on them."
Please note that support and resistance levels are commonly used in technical analysis to identify potential levels at which the price of a financial instrument may reverse or encounter obstacles. Traders and analysts use these levels to make informed decisions about entering or exiting trades.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) started the week in consolidation as the market remains hopeful of a deal to raise the debt ceiling in the United States.
BTC/USD fell to a one-day low of 26,549.73, less than 24 hours after hitting a high of 26,986.08.
Monday's move is the third day in a row that BTC has traded below the 27,000 mark.
From the charts, it appears that BTC has now found a solid floor at 26,300, with the price hovering slightly above that point.
To make a significant move, it needs to break the upper limit of 44.00 on the Relative Strength Index (RSI) or the support at 39.00.
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
BTCUSD Rdy for 44K PUMP🧨🧨🧨In the analysis done for you friends, the trend of Bitcoin will be upward in general, but it must complete wave 4, and from the point of view of Smart Money, it should see $24,920, then continue its upward trend, and wave 5 can give good profits to its shareholders. . After hitting the 24,920 range with a strong trend, we will move to the 32,376 range. After breaking this range, the last target for 2023 is $42,979 to $44,000. So if you are considering selling, I have announced the best range to exit.