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Btcanalysis

BTC/USDT 4HOUR UPDATEHello dear traders, we here 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 UPDATE: -The pair is approaching the support of the descending line (in green) on the 4-hour chart, which is about $18K. Touching this support in prior downward waves has coincided with price movement toward the diagonal resistance. If history repeats again, the potential of reclaiming the $19K would be high. Otherwise, the daily support of around $17.6K is what most of the speculators have their eyes on. It should be highlighted that if the price closes over $19.6K in this timeframe, the hopes for bulls to enter the market will be revived. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BITCOIN: A QUICK COMEBACK.Hello traders, I hope you all are doing good. There's a lot happening in the market today. In a lower timeframe, the market is completely messed up but in a higher timeframe, you can see a crystal clear scenario. Timeframe: 12 hours. Update: After the daily close, we saw a sudden drop of -5.45% ($19174 to $18131), and right after the drop, a quick comeback of 6% ($18131 to $19225). The drop helped some wise traders to get into BTC at around $18k. For quite some time, BTC has been following both the support and resistance trendline in a disciplined manner. We can expect BTC to reverse the trend but only if we see a breakout above the upper trendline i.e., at $20.2k. BTC still looks under control in this 12 hours chart and until & unless it is above the support level, we are good to go. Note: The 12 hours chart is completely different from the 3 hours or 4 hours chart. I hope this idea is helpful to you all. Trade safely.
Long
by Dexter_The_Trader
2
BTC💰 - Historical log chart🚀Will history repeat... Can bulls reclaim that MA200 next and push to get that MA50 back above the MA100 (Golden cross) on HTF.. Keep in mind this could take months to complete as the chart is HTF -Weekly Even if we had to visit the major 0.886 around $11k now or early next year after a relief rally.. BTC could easily reach $240 - 300k by 2024/2025.. Looking at historical data and the growing adoption etc Looking at the current user/ wallet growth per year.. We are steadily heading towards a "breakout" in the % of the population that actually use cryptocurrency.. Look at other tech for example.. Internet, cell phones.. etc.. Just think about Facebook 10 years ago almost nobody over 35 -40 years old even knew how to use it and just look today.. Geez, even grandma and grandpa are using it and interacting on posts +sharing etc.. It's coming.. And we are here sooo early and have a massive advantage above +95% of the earth's population.. PATIENCE is needed!! Even if we go for 1 more dump... Zoom out and look at the big picture and ask yourself what you are doing in this space.. As Warren Buffet has said.. "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes" That is why I have started laddering into my spot positions since June this year, if we go for 1 more towards the downside thb I don't mind will DCA and enter new lev positions as I will get stopped out in profits let's GO.. By 2025 I want to be a Billionaire, not a basement day trader.. My mind is focused on the big picture and I am unaffected by FUD.. Most try and time the exact bottom/top and end up fomoing into the market when real traders TP then fear sell... And repeat.. Trading isn't easy if you are not mentally prepared to stick to a logical strategy and plan.. And personally, I believe in a HTF strategy of starting accumulation when the HTF Indicators are into the oversold region and we start testing HTF demand zones.. Not saying I bought the bottom but I can guarantee you that when I sell my spot 24/25 with huge returns I definitely won't be looking back.. Imo the crypto space is currently entering an era that will see more and more adoption, new cellphones will be using blockchain tech and you'll start seeing "super wallets" that you can tap and pay using crypto.. In a few years, it will become the norm and everyone and their gran will be using it.. The first 5-10% of global adoption is always a painful and slow process but then BOOOOM out of nowhere it just takes off and that's when we really get paid.. I truly believe we are still early. From 2025 you can imagine if BTC let's say tops out around $240 -320.. A standard 0.618 retrace would mean $150 -200k pullback lol The digital era is here and we will forever move deeper into it as time progresses.. And with governments and corruption around fiat + constant "printing themselves out of trouble" the general public is losing confidence in the current monetary system and the people controlling it.. This will eventually be the major catalyst for change imo
BITSTAMP:BTCUSDLong
by Lou777
BITCOIN: IN A CRUCIAL POINT.Hello traders, I hope your weekend went well. Here's a quick update on BTC. Timeframe: 3 hours. Preview: In our previous update, we discussed the bounce back on BTC from the $19.2k support level. Unfortunately, it didn't go according to plan. But the 3 hours chart is still showing something positive. Update: My previous 3 hours update still remains valid compared to the 4 hours chart. In this 3 hours TF, BTC is still holding the supporting trendline which is a positive thing for the market. The RSI has reached its oversold range and anytime soon we can see a good rally on BTC. This is indeed a crucial point for BTC. If BTC manages to sustain this level, we will possibly see a rally soon, if not then we can expect a further drop in the market. For spot-holding, a breakdown will be a good opportunity to accumulate BTC. I hope this update is helpful for you all. Trade safely.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
2
BTC/USDT 4HOUR UPDATEHello dear traders, we here 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 UPDATE: -4-hour timeframe, the price has been stuck in a static range between the $21K level and the $18.5K level for quite some time now. Meanwhile, Bitcoin has been forming a bearish wedge pattern (as displayed in the chart below). The price formed a double-top pattern, was rejected from the $20.5K resistance level, and is now testing the lower threshold of the wedge. In the event of a decline, the market would aim for the essential $18K support level, which may be breached and fall even deeper. On the other hand, the upper edge must be broken upward to invalidate the bearish wedge. In conclusion, the multi-week descending trendline is currently the main barrier in BTC’s path toward the $21.5K and $25K levels. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
6
BTC Long ideaThe daily chart for BTC shows a strong sign that BTC will for sure go Below our old low of 17560.However , the question is how up will it go before taken out the sell side that is resting below our old low. As you can see for weeks now we have been ranging between 21000 to 18200, taken out both SSL and BSL . As I mentioned at the paragraph above. I have two senerio for the coming days or weeks. The first is we either go above 19800 to 22000 For FVG and then the market will attack the old Low for SSL. The second is (if we go below the D.OB) market go straight down to our old low.
Long
by Hydara_Futures
3
BTC/USD 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here 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 UPDATE: -Bearish sentiment remained in bitcoin (BTC) markets to start the weekend, as they continued to digest the latest nonfarm payrolls (NFP) report. Following the better-than-expected jobs report, BTC/USD fell to an intraday low of $19,395.79 earlier in the day. The move pushed the token close to a key support point of $19,200, and as of writing, it is trading close to a six-day low. Looking at the chart, the 14-day relative strength index (RSI) has also dropped and is also approaching a floor of 45.70. Despite moving closer to this bottom, the 10-day (red) moving average has recently crossed over its 25-day (blue) counterpart, which is typically a sign of bullish momentum. Should BTC move to its floor of $19,200, there will likely be an influx of bulls looking to buy this dip, sending prices higher as a result. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:BTCUSD
by CryptoSanders9563
4
BTC Trading Plan Crypto market update Pakistan Time: 09:20 AM Bitcoin support levels - 19,000 and 18,500 USD strong Support (is Ka Matlab yahan buyers hain) Bitcoin resistance - 20,000 and 20,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin) Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath. ——————————————————————— Analysis - BTC closed its daily candle red at $19530. Opening price was at $19960, high was at $20068 and low was at $19320. Support is at $19,000 and resistance is at $20,000. $19500 level needs further confirmation to become resistance or support. Trade carefully and manage your risk according to to support and resistance levels. BTC dominance is at 39.6% and total marketcap is at $946 billion. US Jobs report released a 3.5% figure which was an improvement from its previous figure of 3.7%. This caused an appreciation of US$ (DXY), however, it a downfall was observed in all risk assets such as Gold (XAU), Stocks (SP500), and the Crypto market.
by Waqar212
BTC Trading Plan Crypto market update Pakistan Time: 04:40 PM Bitcoin support levels - 19,600 and 19,000 USD strong Support (is Ka Matlab yahan buyers hain) Bitcoin resistance - 20,500 and 21,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin) Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath. ——————————————————————— Analysis - For Bitcoin Bullish momentum, Bitcoin need to give Candle closing above $20,500 $19,600 is working as a good support level for Bitcoin. If Bitcoin continues to move down then we can expect a reversal sign at that support level. Today Important three important fundamental data is being released at 5:30 PM Pakistan time: US Average Hourly Earning Non Farm Employment Change USA Unemployment Rate New members/ members who don't have more than 1 year trading experience should NOT trade during 5-6 PM Pakistan time.
by Waqar212
BTC/USDT 4HOUR UPDATEHello dear traders, we here 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 for all, thank you, guys. BITCOIN UPDATE: As stated, Bitcoin is trapped in a consolidation zone between the $18K support level and the substantial resistance at $25K. Meanwhile, the cryptocurrency has initiated a rally towards the descending wedge’s upper trendline. However, Bitcoin is forming a potential double-top pattern, a well-known bearish pattern. If the neckline is broken, Bitcoin could experience a fall to the $18K level again. Considering the power of the $20K-$21K range and the formation of this double-top pattern, the price will likely fail to surpass the trendline and plunge towards lower price levels. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
Btc Bitcoin Trade Plan Crypto market update Pakistan Time: 12:00 AM Bitcoin support levels - 18,500 and 19,500 USD strong Support (is Ka Matlab yahan buyers hain) Bitcoin resistance - 20,500 and 21,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin) Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath. ——————————————————————— Analysis - BTC was unable to break 20,500$ level of resistance as we had no volume therefore btc got rejected from the resistance level but we are still able to hold 20,000$ level on 4h Candle which is good, as long as we are above 20,000$ we might see another retest of resistance level and if we see a good volume we might be able to break the resistance as well, Manage your risk accordingly
by Waqar212
2
#BTC/USDT 2DAY UPDATE Hello dear traders, we here 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 for all, thank you, guys. BITCOIN UPDATE: BTC breakout long descending trendline, retesting above it and trying to break the MSB level at $20,400. BTC made a high of $20,475 with a wick, and bulls need a decent volume to breakout this resistance with a good candle close above it to proceed with the bullish force. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
BTC Bitcoin Crypto market update Pakistan Time: 9:30 PM Bitcoin support levels - 18,500 and 17,500 USD strong Support (is Ka Matlab yahan buyers hain) Bitcoin resistance - 20,500 and 22,000 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin) Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath. ——————————————————————— Analysis - Bitcoin just retested 19700$ level and currently trading above 20,000$ level, We need good volume to break 20,500$ level of resistance. Manage your risk accordingly
by Waqar212
2