Btcusdtforecast
BTCUSDT : WHAT'S NEXT ??Hello !!
Welcome to the quick update of BTCUSDT.
After breaking the initial support of 28300, BTC took a deep dump. It tried to sustain at the 26k level but eventually fell off making a new low of 20100, which is down almost 70% from ATH. It took a pump from 20100 and is currently trading around 22K.
In order for us to be bullish again, it needs to break the 28k level, below it we are still bearish. The various scenarios are mentioned in the chart, if BTC breaks the 20k level, we can see it dump to 17k followed by 10k in the worse case.
Let's see how the market reacts and wait for the right moment to enter any trade.
The market is still very uncertain, and unstable and I would suggest everyone hold their patience and wait for a clearer picture and trade only after confirmations.
As of now, please take trades with caution and with STRICT STOPLOSS else you might end up blowing your trading account.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
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Bitcoin is under pressure.The Bitcoin exchange rate (BTCUSDT) is at the lower limit of the long-term horizontal range, which took shape after reaching a minimum of 26700 on 12.05.2022.
On the H4 chart, the consolidation figure after the downward impulse is most clearly visible. The figure resembles a triangle, which from the point of view of classical technical analysis is a continuation figure of the previous momentum. Our trading strategy signals confirm it, pointing to the current bears superiority.
We expect the bitcoins decline to the new minimum and the formation of a bullish divergence on the MACD indicator. After that, growth is possible.
How to trade.
Sell BTCUSDT (open short) with the first target of 26700. The goal of working out the triangle is around 26500.
btcusdt - Bullish trend - day 18 In this video, I was talking about the beginning of a trend
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
BTCUSDT - bull market day 11last video:
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If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
#BTC/USDT 1HOUR UPDATE !!Hello, dear traders welcome you to this BTC /USDT 1HOUR chart analysis.
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CHART ANALYSIS:
BTC is forming a rising wedge-like pattern in 1hr time frame. The direction of the breakout will decide the next move of BTC. If BTC breaks out (Break and close above $31.5k) from this wedge then our target is $35k or if BTC breaks down (Break and close below $29.5k) from this wedge then our target should be $26k
This is not a piece of financial advice.
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BTCUSDT DAY CHART UPDATEHello friends,
Welcome to our BTCUSDT DAY CHART update.
As we are seeing in the chart how is the HEAD AND SHOULDERS pattern forming.
Which is a BEARISH sign.
200D SMA is working as resistance.
On estimating the chart, we can see that the Price may fall by up to 50%.
The price currently at level 1. If the Price declines the price may touch level 4.
USDT DOMINANCE AND BTC COMPARISON!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
I always emphasize that time in the market beats timing the market, but I want to share an interesting approach that you can consider taking when timing the cryptocurrency market, especially when it comes to Bitcoin's overall direction.
Tether Dominance
- Just as Bitcoin dominance refers to Bitcoin's market cap relative to that of the entire market cap, Tether dominance is no different.
- It refers to how much capital is parked in stablecoins, specifically Tether, at any point in time.
- Since Tether (USDT) is a stable coin that tracks the USD, an increase in Tether dominance suggests a pullback or correction in cryptocurrencies.
- A simple way to understand it is to think of USD flowing in and out of the market.
- On the other hand, if Tether dominance drops, it means that more capital is being deployed to purchase cryptocurrencies, which is bullish overall for the market.
- If you look at the graph above, you'll clearly see the inverse correlation between Bitcoin (orange) and Tether dominance (black).
- Key support and resistance zones for Tether dominance are marked as well.
- As we're currently trading slightly above local support, marked in green, if we see Tether Dominance fall below those levels, we could expect Bitcoin to continue rallying upwards.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this BTC/USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can at the above-mentioned chart that BTC gained almost 11% after a fake-out, here I am expecting some correction and BTC can move down one more time to the lower trend line which will be the right zone for long ALT coins.
In other scenarios, BTCcan breaks the lower trend line and move down to $37900 and bounce.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
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btcusdtperp took a another small pump Now Bullish Flag Pattern #BTC 1H TF Bullish Flag Pattern Now so Hope Its Up Butt major 42k very imported area
#BITCOIN took another small pump inside the large resistance zone and now began to range in the smaller TF.
(1D Chart) - Short-Term and Swing Perspectives
1st resistance: around 42373.73
2nd resistance: around 45135.66
1st support: 39920-40500
2nd support: 35050-38150
- 37250-38150
- 35050-36244
The market is already flooded with liquidity from both sides.
#BTC needs to break and close major resistance (above $ 42,000) to change market sentiment
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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BTCUSDTlast chart has hit the target beautifully .it has reached nearest structure and have turn the nvironment to bear. and Yellen is try to yell this makes uncertainty in this market i think. negetive impact of hydra ,singapore, india, ofcourse for time bieng it will be bearish. maybe for a till next week. After that its gng to to reach atleast 50K .
Enjoy the ride. managing the trades are more important than doing TA. you can gamble the market easily if you can harness the how to play around with SL and TP you will loose less . When it is blue forget about getting a negative out from it.
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
Hello members, welcome to our BTC/USDT quick update
As we mentioned in our previous chart that BTC was trading inside the triangle pattern and if breaks the green MA then we will be able to see the triangle break out also.
Till now BTC moved in the right direction.
According to the current scenario, btc is on the way to retesting the upper trend line which will be the confirmation for an uptrend move.
In another frame, if BTC brakes the upper trend line and moves back into the triangle pattern then this chart will be invalidated.
Sorry for my English it is not my native language.
Thank you
Happy trading.
#BTC/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC/USDT analysis.
Firstly guy please support me by smashing the like button, commenting your thoughts about this chart, and sharing with your friends.
Let's get back to the chart as we can see BTC/USDT is currently trading inside the symmetrical triangle pattern which is a bullish triangle pattern,
According to the current scenario, btc is trading above the green MA (MOVING AVERAGE) if btc breaks the upper trend line and retests then we will see some good rally.
If BTC rejects from the green ma then we expect that btc will once again touch the $38200 - $37700 level.
Sorry for my English it is not my native language.
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#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello, members
Welcome to our BTC /USDT quick hourly update.
As we can see in this chart BTC is currently trading inside the symmetrical triangle pattern which is a bullish pattern.
In the current scenario, BTC strongly holds the yellow 21MA (moving average) which is near the $38770 mark.
Whenever BTC holds the yellow 21 MA BTC it becomes bullish.
If BTC breaks the down trend line then this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
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BTCUSDT CONSOLIDATION PHASEBitcoin has successfully made a retest at the edge(bear flag's support area) but the major support area at $36.4k has been incredibly holding from seeing a crash in crypto. This major support area is registered as a checkpoint in the event of unexpected crisis, if btc can stay afloat the minor support at $39.3k this could be an ignition of a new bull season. Be patient enough to wait for confirmation of a daily close above or below the indicated trendlines before taking a position. Anticipate for new technical analysis on alt coins with huge potentials.
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BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT 1day analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello folks, welcome to our Btc update as we all saw tomorrow some manipulation in Btc. Due to this pump and dump our few calls got Stop loss hit.
But looking at this chart according to me btc one more time can touch the $37.4k level (support level) and if bounces from this level then we can open some long position.
In other ways, if btc breaks the $37.4k level then we can see a dump towards $35k
If btc bounces from the 35000 level then btc can pump almost 30%.
For this kind of latest update follow our channel and comment below.
Thank you.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT 1day analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
BTC is likely to retest the $34500k level and continue its uptrend till $38300k. Looks like there's a power for $34500k retest from here
When that happens, we'll measure that in the next chart.
I was Bullish at $34500K, I was Bullish at $38500K, BTC is taking Bullish movement from here.
If BTC breaks below $33k this chart will become invalid.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
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BTC/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT 4hour analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
As our btc the last update got invalid,
According to the current scenario if btc holds the $37500 to $36500 range then we hope for a bounce from this range.
If Btc breaks $36500 support and touches the $35500 mark then this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
BTCUSDT BEAR FLAG PATTERNBitcoin is down again with a bear sentiment , $42k - $43k which seems to be an opportunity for support on the weekly timeframe has been lost seeing the candlestick below the zone. There is less than 48hours to see how the weekly timeframe would playout and also, as indicated on the chart, we can see a bear flag pattern which has just made a retest on the flag's support zone which infers the continuation of the downtrend. This could be the inception of the second phase of bear season, eschew hastiness and try to do as much as possible research before taking stakes.
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BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT 4hour analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
BTC /USDT According to current scenario BTC can bounce right from the support zone from $40400 - $41300.
Show your views on this chart in comment section and don’t forget to like
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This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.