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Btcshort

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 chart suggests a bearish outlook in the short term due to the breakdown below the trendline and the formation of a head and shoulders pattern. The next key support level to watch is around $52,408.76. If the price bounces from this level, it could indicate a potential reversal or consolidation phase. However, if it breaks below this support, further downside could be expected. Feel free to ask for a more detailed analysis or additional charts! Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
Long
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 candle is still at the support level of $58.300k, which is a positive sign for Bitcoin price stability. This support level is important, and staying above it shows that the bulls are still in control. If we break this support level, we will likely enter the $57k range, which indicates further bearish moves. The $60k support level is a crucial range that traders and investors are closely monitoring. For now, the $58.300k support remains strong. As long as BTC does not fall below the $58k support on the daily timeframe, a rebound is likely. This means that as long as the price stays above this level, there is a good chance of a bullish recovery. $58,000 is the main support level. Current price: $58.888. If the support breaks, the price could drop to the $57k range. As long as the $ 58k support is not broken. Do your own research before investing. Trade safely. Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
Long
by CryptoSanders9563
1
BTC to 53k?As we know BINANCE:BTCUSDT couldn't break old High which is at 73750, now trading at 61k. I was focusing at 61k-63k range to look LONG-FUTURES trade but looks like BINANCE:BTCUSDT is shifted other way and much possible to check 53k area. There is a valid Order Block zone between 57k-59.5k. But as I mentioned earlier BINANCE:BTCUSDT more likely to hit 53k in coming days. Don't worry even BINANCE:BTCUSDT hit 53k we are still in bull market! I will consider LONG-FUTURES trade around 53k. Will do update on entry and take profits!
Short
by terayu
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. Look for a confirmed breakout above the resistance trendline and Ichimoku Cloud. If the breakout is confirmed by high volume and supportive indicators, consider a long position. For a bearish breakout: Look for a break below the support trendline of the triangle and Ichimoku Cloud. If the break is confirmed by high volume and supportive indicators, consider a short position. Summary Bitcoin is at a critical juncture, facing resistance from the symmetrical triangle and the Ichimoku Cloud. A confirmed breakout above these resistances could signal a strong bullish trend, while a break below the support trendline and Ichimoku Cloud would signal a bearish trend. Closely monitoring key levels and indicators will provide the signals needed to make informed trading decisions. Would you like more information on specific entry and exit points or additional analysis on related factors? Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
Long
by CryptoSanders9563
BTC FRACTAL - 20% Correction PossibleLet's do a quick recap on Bitcoin. I rediscovered a fractal from a post I made a few months ago, which compared BTC price action to NVDA price action after making an ATH. Currently, there is another Bitcoin fractal based on the M-Pattern and we take a deep dive into how far this correction could go. I'm labelling this post as "short" simply for the lack of better options. I do believe the price will correct lower, but I wouldn't take a leveraged trade so close to the a new ATH. Link to the earlier comparison with Nvidia: ___________________________ COINBASE:BTCUSD BINANCE:BTCUSDT
COINBASE:BTCUSDShort
by CryptoCheck-
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. Bitcoin has broken down the ascending trendline and is trading within the Ichimoku cloud zone. Expect downward movement and consolidation inside the ascending triangle. A breakout above the horizontal resistance could lead to significant gains. Stay tuned for further updates and analysis. Thank you! Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
by CryptoSanders9563
BTC/USDT 1DAY UPDATE !!#BTC/USDT Analysis Bitcoin is still trading within an ascending triangle pattern, having recently been rejected at the horizontal resistance area. The 100MA is currently providing support here. Bitcoin is within an ascending triangle pattern, a bullish formation that signals potential continuation if resistance is broken. Bitcoin was recently rejected at the horizontal resistance area within this pattern. The 100MA (100-day moving average) is providing strong support at current levels. A breakout above the resistance area with high volume would likely suggest an uptrend continuation. A breakdown below the ascending support trendline with high selling volume would likely signal a bearish reversal. If Bitcoin breaks above the resistance area with strong volume confirmation, consider entering a long position. If Bitcoin breaks below the ascending support trendline with high selling volume, consider entering a short position. Place a stop-loss order below the 100MA or recent support level for risk management. Brief Update: Bitcoin is trading within an ascending triangle pattern, supported by the 100MA and facing resistance in the horizontal zone. The next decisive move will depend on breaking above the resistance or below the support trendline, with volume providing key confirmation. Stay tuned for further updates and analysis. Thanks! What do you think after looking at the charts? Comment below.
Long
by CryptoSanders9563
2
BTC caught in Correction, heading to 64k(6/10/2024)BTC had a hard time moving upward last week, momentum was so choppy and slow, and then NFP data and 72k resistance hit the final blow and made a 3.5k drop in the price. this sharp decline in the price can push the price to lower levels like 65k and 64k and even lower. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Short
by fortunamarkets
BITCOIN CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. #BTC/USDT Analysis The crypto market has entered a strong bullish rally following the successful breakout and subsequent retest of the symmetrical triangle pattern. This rally faces horizontal resistance, a crucial level influencing short-term price movements. Symmetrical Triangle Pattern: The breakout and retest of this pattern have led to the current bullish rally. 50-Day Moving Average: This moving average is moving upwards, indicating ongoing bullish momentum and acting as a dynamic support. Resistance: Bitcoin is facing horizontal resistance. A decisive break above this level will further validate the current bullish sentiment. Support: The 50-day moving average is providing dynamic support, reinforcing the upward trend. If Bitcoin breaks above the horizontal resistance with strong volume confirmation, consider entering a long position. This move could lead to continued upward momentum and new highs. Place a stop-loss order below the 50-day moving average or recent support level to effectively manage risk. Summary: Bitcoin (BTC/USDT) is showing strong bullish momentum after the breakout and retest of the symmetrical triangle pattern. The current rally is facing horizontal resistance, which is a crucial level for short-term price movements. A decisive break above this resistance could lead to continued upward momentum and new highs, while the 50-day moving average provides dynamic support. Stay tuned for further updates and analysis. 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 Monthly Chart Analysis!!Hello friends. Bitcoin (BTC) has broken its previous all-time high and successfully retested it. The monthly candle closed at $67,548, indicating strong bullish momentum. Previous All-Time High: BTC breaking and retesting this level indicates strong support and a potential base for further gains. Monthly Close: The monthly close at $67,548 indicates continued buying interest and bullish sentiment in the market. Support Level: The previous all-time high now acts as a strong support level, providing a solid base for BTC’s upward move. Resistance Level: The next significant resistance levels could be around $72,000, $74,000, and $76,000. Bullish Scenario: Continued upward movement could see BTC testing and potentially breaking the next resistance levels. Continued bullishness could lead to new all-time highs being reached due to strong market sentiment and institutional interest. BTC may consolidate around current levels, gaining strength before the next significant move. Consolidation phases are common after substantial bullish momentum, causing the market to stabilize. If BTC fails to maintain its current levels, we could see a pullback to retest support around the previous all-time high. Failure to hold this support could signal a deeper correction, although this is unlikely given the current bullish momentum. The current levels provide a favorable entry point for long positions, with significant upside potential. Apply stop-loss orders below key support levels to mitigate potential downside risks. BTC’s successful retest of the previous all-time high and strong monthly close at $67,548 indicates a bullish trend. We are optimistic about BTC’s ability to continue its upward trajectory and reach new highs. Stay tuned for further updates and analysis! 🚀 What are your thoughts on this chart? Feel free to share your thoughts in the comments section. Thanks!
BITSTAMP:BTCUSDLong
by CryptoSanders9563
BITCOIN 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC/USDT Analysis – Short Update BTC is trading within this bearish pattern. Rebound: BTC is rebounding from the horizontal support zone. The 100-day moving average is acting as resistance. Potential Movements: A breakdown below the support zone would indicate a bearish trend. A breakout above the triangle would suggest a bullish trend. Stay tuned for further updates. 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
BTC/USDT 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC is currently forming a descending triangle on the 4-hour timeframe and is trading below the Ichimoku Cloud. BTC is showing lower highs, forming a descending triangle. Trading below the cloud indicates a bearish sentiment. Wait for a breakout above the triangle for a bullish signal. The breakdown below the triangle will confirm the bearish trend. Stay tuned for further updates and analysis! 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 Suprize Or Modification ? !Bitcoin at a Critical Juncture: Correction or Bullish Rebound? Bitcoin finds itself at a pivotal moment, poised for either a substantial correction or a defiant surge that could defy expectations. Scenario 1: Modification phase In this scenario, Bitcoin could embark on a downward trajectory, potentially reaching $63,400 followed by $59,900, and ultimately aiming for a target of $57,000. As evident from the chart, there are numerous support levels along the way, each with the potential to halt Bitcoin's descent and reverse its direction. However, the ultimate target remains $57,000, where a significant consolidation phase could ensue. Scenario 2: Bullish Surprise An alternative scenario presents a bullish surprise, where Bitcoin could consolidate around $66,700, gathering the necessary liquidity before making an unexpected move towards $68,900 and potentially reaching $72,000. Your Perspective Based on the current market dynamics and technical analysis, do you anticipate Bitcoin to take a short position or a long position? Disclaimer: It is crucial to emphasize that this analysis does not constitute financial advice. Cryptocurrency trading is inherently risky, and individuals should conduct thorough research and exercise due diligence before making any investment decisions.
by Crypto-Oracle1
BTCUSD - Topping out around 66k?BTC is yet to fully correct, at least on the weekly. In my eyes, these huge candles up are unsustainable without significant greed. Significant greed cannot continue indefinitely without returning to the mean (neutrality), and likely, significant fear. There are a few factors I believe will influence a correction: Greed across the traditional and crypto markets. See CNN's sentiment analysis and alternative.me's fear and greed index. Only 5% of institutional financial managers are planning to hold BTC in 2021 (volatility being cited as the main reason), implying the feverishness of 'mass adoption' is overstated and overhyped. Bitcoin is back in mainstream media. The more exposure it gets, the more FOMO and greed kick in, the more new investors pile in, the more people ready to buy right at the top and add selling pressure on the way down. Big green (or red) candles, while difficult to gauge the top, often result in big moves back down. Similarly, an almost vertical acceleration implies a significant deviation from its mean (anecdotally, the further and quicker something deviates away from its mean, the quicker it comes back). Currently, BTC's yearly EMA is almost exactly the previous ATH of $20k. Simply, a correction is due. It's gone up but hasn't come down much. So, knowing that a correction is due at some point, we can then try and forecast the top. While looking for similarities between the last ATH and this current rally, I noticed there was a period of consolidation, followed by a higher low that wicked down (marked on the chart). Using these points as anchors, the next anchors are the ATH and the last high at $42k. While the intraday levels of these fibs fit nicely, there are 2 extensions that caught my eye on the weekly that fit almost perfectly. The 1.618 level on the recent fib (grey) and the 3.618 level of the ATH fib (red) both sit around $66.1k and $66.3k respectively. Seeing how well the other levels line up through previous price action gives me confidence these are valid levels. I'll give coordinates at the end of this post so you can see what I mean. I've also included a 3-factor BB on the chart for confluence. While the weekly close tomorrow will change the upper band, its near-vertical ascent will likely eventually be punctured by price. As denoted by the red circles, a reversal has occurred every time a swing has formed there. Moreover, for an asset to exceed 3 times its weekly standard deviation should ring alarm bells in anyone's ears. Okay, so we know where the top might be. How can we make a trade based on this? I'll start with where I think it might end up. If we use $66k as our first anchor and the bottom of the last consolidation at about $3.1k, then the 0.618 level (blue line) lines up perfectly with the most recent fib's 0.618 level on the way up. This falls at $27.5k, or rather, a contraction of 61.8%. The tricky part is stop loss placement. I'm going to say that a technically invalid level would be past the 3.764 level of the ATH fib at $70k. Anything between $71-72k would likely invalidate this idea. In summary: Entry: $65k Stop: $71-72k TP: $27.5k, $31k if conservative, $42k if ultra conservative Let me know what you think and give me a follow for more. Happy trading! COORDINATES: ATH fib = (1) 1830.00, (2) 19666.00 Current fib = (1) 3122.28, (2) 42000.00 TP fib = (1) 66026.19, (2) 3122.28
BITSTAMP:BTCUSDShort
by pasojov
6
BITCOIN 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC is currently displaying a 4-hour triangle pattern. Recently, it experienced a breakout from this pattern but quickly re-entered the triangle, which shows indecision in the market. The pattern has broken out once again, suggesting the possibility of short-term upward movement. •⁠ ⁠*Triangle Pattern:* BTC has consistently shown a 4-hour triangle formation. •⁠ ⁠*False Breakout:* The previous breakout failed, causing BTC to fall back into the triangle. •⁠ ⁠*Current Breakout:* BTC has broken out again, which suggests a potential bullish trend. BTC is facing strong resistance between *$71,600 and $73,000*. This range is crucial for the next significant move, as overcoming this resistance could lead to further gains. Given the recent breakout, BTC could see a short-term bounce. However, traders should closely monitor the price action around the $71,600 to $73,000 resistance zone for signs of strength or a possible reversal. 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
BITCOIN 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. Current Price: $68,100.01 Bitcoin is trading within an ascending channel, which shows higher highs and higher lows, indicating a bullish trend. Immediate Resistance: Around $72,000 – This level serves as a key barrier that BTC needs to break for further upside. Immediate Support: Around $67,000 – This is the lower boundary of the ascending channel and an important support level to maintain the bullish structure. 21-period SMA (yellow line): BTC is trading close to the 21-period simple moving average, which currently acts as a dynamic support level. 100-period SMA (violet line): Located below the current price, offering additional support. Ascending Channel: White lines indicate an ascending channel, which shows a bullish trend as long as BTC remains within or above the lower range. Potential Breakout: A breakout above $72,000 with strong momentum could lead to a test of higher resistance levels around $74,000 and $76,000. Continuation of the uptrend: If BTC holds its position above the 21-period SMA and breaks above $72,000, we can expect a bullish move towards $74,000 and potentially $76,000. Volume Confirmation: Increasing volume during the breakout will strengthen the bullish scenario. If BTC fails to hold above $67,000, it could signal a break out of the ascending channel, leading to a possible drop to $64,000 and $62,000. Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
Long
by CryptoSanders9563
BTC/USDT CHART ANALIYSIS !!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/USDT Analysis – Brief Update BTC is currently moving within an ascending triangle pattern. After being rejected at horizontal resistance, it is now trading above the Ichimoku cloud. Ascending Triangle Pattern: BTC is making higher lows, indicating buying pressure. Horizontal resistance marks an important level to watch. Ichimoku Cloud: Trading above the Ichimoku Cloud indicates bullish sentiment. Possible movement: Bullish Scenario: A bounce off current levels, followed by a breakout above the triangle resistance, would confirm a bullish trend. Neutral scenario: Expect further movement within the triangle, until breakout. Stay tuned for further updates and analysis! Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
by CryptoSanders9563
#BTC/USDT 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/USDT quick update Pattern: An inverse head and shoulders pattern has formed in BTC. Recent Highs: BTC recently hit a record high near $72,000. Current Situation: BTC is at an important resistance level. Potential Drop: It looks like BTC could drop closer to $65,000. Pattern Invalidation: If BTC does not fall and moves above the resistance, the chart will be invalidated. Stay tuned for more updates! Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
by CryptoSanders9563
BITCOIN 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/USDT 4 hour update: This update is based on the 4-hour chart, which provides a shorter-term view than the daily chart. The price is within a broad descending channel, highlighted by two converging trend lines. Recently an attempt has been made to break the upper trend line of the descending channel. Purple line: Possibly represents a longer-term moving average (for example, a 100-period on a 4-hour chart). Green line: Possibly represents a shorter-term moving average (for example, 4-period 200 on a 4-hour chart). The price is currently trading above both moving averages, indicating short-term bullishness. Support: The key support level is at $52,408.76. Resistance: Immediate resistance is around the $69,000 – $70,000 range. BTC has shown strength by bouncing off lower levels and breaking the moving averages. The current price is around $67,119, which is close to an important resistance zone. The chart shows a circular bottom formation in the first half of the year, indicating a potential long-term reversal. An inverted head and shoulders pattern appears within the oval, indicating the possibility of a bullish reversal. If BTC remains above the $68,000 level, consider entering a long position, confirming the breakout. A move above this resistance could lead to further upside, potentially aiming for $70,000 and above. Place stop-loss orders below the recent support level at $64,000 or below the moving average to manage risk. Summary: BTC/USDT is showing bullish signs on the 4-hour chart as it approaches the important resistance level around $68,000. A breakout above this level could signal further upside, potentially leading to a fresh rally. Traders should monitor this level closely and manage their risk with appropriate stop-loss orders. Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
Long
by CryptoSanders9563