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%.
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This is not a piece of financial advice.
Sorry for my English it is not my native language.
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BTCBUSD
BTC is heading towards targetHello traders!
We were expecting that BTC will touch 36250 when BTC was at 44K, it is getting closer and after the Breakout of those S/R we can see BTC at 36250.
Once the pattern is completed then bulls will jump in again.
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Previous analysis
🧿 A Lovely 🅱️bBtcChrt Wouldn't You Agree ? 🎱One Might Find
Themselves At A
Particularly Advantageous Time
To Buy Some
BTC At This
Point
Presently
Just A Thought
💜🔷Ⓜ️
BINANCE:BTCBUSD
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.
As our btc last update got invalid,
According to current scenario if btc holds $38800 to $39800 range then we hope for a bounce from this range.
If Btc brakes $38800 support and touches the $38200 marke then this chart will be invalidate.
This is not a piece of financial advice.
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 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 $42500 - $43000.
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.
Btcusdt: Money JunctionHello traders!
This is at the point which i call a money juntcion/ Money generator pattern.
This pattern starts after the breakout of first pattern from both sides. We don't expand first pattern we will leave it like that and we will start new pattern
Both trendlines starts from the peak and bottom of first breakout,
Every trendline ends at the point of breakout, It will keep breaking oneside then other side and we can do it 4-8 times.
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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 $42k level and continue its uptrend till 52k. Looks like there's a power for $42k retest from here
When that happens, we'll measure that in the next chart.
I was Bullish at $36800K, I was Bullish at $40500K, BTC is taking Bullish movement from here
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: Bullish pressure will over soonHello Traders!
This is the complete analysis of btcusdt,
After reacting at 34500 True reversal point market remained extremely bullish and we saw a growth of +30% in BTCUSDT.
Before hitting 34500 True reversal point we detected an expanding triangle pattern after the breakout of trendline 1 and that pattern did its job perfectly. But recently I saw that Market is not following any technicals so I want to aware you to take decisions wisely as it will react more on fundamental than technicals.
I am not an expert in fundamentals but I know how to play with technicals so here is my analysis of BTCUSDT.
Now BTC is forming a triangle pattern below the broken trendline 1 and this triangle pattern will break towards the downside but the true reaction will be towards the upside. The market will rise after a breakdown because it's a natural behavior of a pattern.
There is very tight space left towards the upside and according to my analysis, we will see a dive after a reaction zone. The reaction zone is not different from support and resistance but i call it a reaction zone because first, the reaction zone formed because there was a true reversal point(A strategy created by me that shows pinpoint accurate reversal point, recently i have posted SOL analysis and you can see how it performed). Now Market will not reverse with pinpoint accuracy but it will form a reaction pattern at the reaction zone.
This reaction pattern will push the market downside towards the broken trendline 2. The impact at broken trendline 2 will be very important for the next move, Normally I don't confuse traders by putting lines towards the upside as well as a downside. It's a way to confuse trade. But in this case, we will wait for the impact to react. If the market is pushed below the trendline then it's a good sign for buyers as we will see a bullish move but if the market hit the trendline perfectly and formed a wick and moves towards upside then it's not a good sign for buyers because it will drop hard and we will see the market at 36500 and that's what I am expecting from BTC.
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BTCUSDT @ Reversal ZoneHello traders!
Recently we saw a huge push towards the upside and it reacted perfectly from the 34500 reversal point.
In the bigger picture, BTC looks strong bullish but if we look closely then we can see it's at the resistance area and it's a reversal zone and now heading towards 36300 support.
The bears will now take over the market from this point.
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#BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC/USDT WEEKLY analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Welcome to our Btc/Usdt weekly update, as we can see a rising wedge pattern create that from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in downtrend.
After that Btc bounced on 19th July and moved up till 8th November 2021.
After that, we saw some correction in the market and a downtrend till 17th January 2022. After the 17th Jan market is still in a sideways move.
According to the current scenario, I think Btc will move in a sideways trend till 21st March 2022.
After that, we can see bullish movement which can continue till 11th July 2022 according to this chart and also can claim the new ATH.
As we all know that in 2024 btc halving is going to happen. so we can assume that the market will bounce on the 3rd week of March and we can see a good rally.
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 analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello folks, Welcome to BTC/USD 12hr update as we can see here that BTC is creating a double bottom pattern and BTC can bounce from here and move towards the red zone which is $44000 to $45800 it's also a resistance which if BTC breaks then it can go all the way to $51000 TO $53500 level. If BTC breaks the $53500 level then we can say that we are in a bull trend.
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 target for short-term longsBitcoin broke up this triangle📐 and I think there is chance for run to 40600. I did buy the initial breakout but one can set BUY LIMIT order to catch the possible pullback. Zoom out to see the whole white downtrendline. Nice confluence of targets - strong resistance expected.
ENTRY : local high @ 38780
STOPLOSS (SL) : local low @ 38340
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 40600
REWARD RISK RATIO (RRR) : 4.1
INVALIDATION : when SL level hit
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BTC: take a step backRecently I passed 2000 followers👪 and I would like to thank you all my fellow traders! Also this is my 200th idea🍾 and I feel it's one of the most important charts I've posted here as the crypto market fear is all over the place.😱 Chasing the price on short-term timeframes is prolly driving you crazy these days. So let's take a step back and look from different perspective. Bitcoin is testing long-term uptrendline in confluence with support 42000-39000 therefore I'm expecting bounce up. Alternatively the price can drop lower first to test the support 35000-33300 before going back up again.
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart
Hello friends
BTC USDT 1 Hour Update BTC Is Doing Inverse Head And Shoulders Pattern And I Think BTC Is Dumped Once More A Power To $36000k Or $36500k
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Sorry for my English it is not my native language.
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BTCUSDT Deep analysisHello traders!
First of all congrats to the traders who remained bearish from the 44K peak.
Last Thursday at this time, I posted a trade when the market was at 44K, At that moment I was expecting a -22% dip and the target was 34500, and the market reached here within a week.
The Geopolitical situation is not in the Favors of bulls but this is the analysis that seems correct and we can see the 34500 reversal point that I predicted a week ago worked nicely even after a bad geopolitical situation. In the same way, I am expecting that this analysis will also work nicely. I don't focus much on the news because I am a 100% technical analyst and i can see situations on the graph even before something happens. So what I concluded is that the situation will be settled down on some conditions and the market will move up as drawn on the chart.
Let's talk about the graph now
First, I taught you how to draw and trade patterns and told you that 99% of traders trade a pattern in the wrong way in the same way 99% of traders also draw a trendline in a wrong way also trade it in a wrong way. It's difficult to digest the truth and I can tell you because when I created this method it was difficult to digest by myself and I kept ignoring it because top traders never taught something like that and they were doing the opposite and I believed in them LOL.
So in the chart above you can see I draw multiple trendlines. The reason why i drew multiple trendlines is that each trendline ends after a breakout.
Why there is a need to draw multiple trendlines because you can draw a single line in the end? LOL
Yes, there is a need to draw multiple trendlines because we have to count the breakout and take decisions perfectly if you don't know I always taught traders that every bullish breakout is a selling opportunity and you can see how the market dropped after every breakout. You can keep selling 5/6 times after every breakout.
In this scenario, we can see the 4th trendline hit 4 times without a breakout and this type of trendline is always the final trendline whether it's the 4th one or 7th number.
A final trendline breakout doesn't mean it is ready to jump, The correct analysis is much more than drawing a never working support and resistance or drawing a never working trendline and putting the arrow on the chart.
After the final breakout, we will wait for the market to form a pullback pattern and a pullback pattern is always formed below the support/resistance. Mostly before a final pump, we can see a pullback pattern below the area of the previous breakout.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart
Hello friends
BREAKING: Explosions are now being reported in Odesa as well, as the Russian bombardment of Ukraine continues.
I think the blue line of BTC which is acting as support and strong support is there and BTC may come up.
What do you guys think, please tell me by comment and like
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Sorry for my English it is not my native language.
thank you.
BTCBUSD-USDT ForecastDear Patrons,
The BTCBUSD is still showing a bull trend and is hoping to move upwards
strong support area has been marked.
Following that, three points of resistance are identified.
The Stoch RSI is indicating that the market is oversold
The MFI is indicating that the market is preparing for uptrend.
It is a good time for traders to buy in area marked in purple.
This idea is for educational purposes only. Feel free to share your ideas in the comments.
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Good Luck
Bitcoin will follow bearish trendHello traders!
The bearish move is not over yet. We can see that after the breakout of the trendline BTC started to form expanding triangle. A pattern after the breakout is a good sign because sooner or later we will see a pullback.
Soon we will see a breakout of this pattern. The breakout of expanding triangle is a selling opportunity. It will form a reversal pattern after the breakout as a reaction and after completing the reaction pattern it will move below the new supportive trendline and will touch 34500.
34500 is the point where the market will achieve its bearish target and most probably we will see a bullish move after 34500.
When the market was above 43000, I was expecting the same target and now it's very close to the target.
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BTC in troubled times. Are we really going down? Previous Chart:
Finally closing my short which I have been holding for quite some time in few past charts
My plan for today's trade:
I apologize for the lack of post, I was still holding part of my fund on shorting and since nothing have changed much, I deemed unnecessary to post a new update. Until today that is.
It has been a really good run, but all good things must come to an end, even a bear needs to hibernate.
We have not quite hit the last support on this bearish trend (35k green solid line), and yet with all the fears and fuds, BTC seems ripe to drop further down.
But in my experience, I have learned that the market will not always be that kind and considerate, and highly that obvious.
I decided to close my short 36500 and is now waiting to enter a long. First target is the obvious 39,000 and upon breaking that 40,000. I do believe we are now going to soon enter the true bullish climb and likely to continue holding my long for quite sometime
Good luck to everyone on this hard time.
The arrow icons are guide lines. It will not hit exactly on the same spot.
Use them as guidelines to make decisions based on the ongoing channel lines closest to it. A rejection usually occurs when the line is hit. These are where u usually enter your trade, or set your stop loss, or gradually increasing your stop profit point.
1) breaking the channel line means continuation of the current trend.
2) rejection of the channel line means reversal of the current trend.
The arrow patterns are possible movement path. It will not move exactly as how they were drawn. Use them as guidelines to consider your decision
Please always remember to put a stop loss when you first enter a position, a stop profit when you are already in profit, and never chase a trade.
Should you have any questions or inputs, please let me know in the comment section, I will always answer them as best as I can,
Thanks for stopping by to my post, hope it can help you better in your decision making.
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BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
hello guys
Welcome to this BTC /USDT weekly update. BTC weekly candle is not looking good. Although, holding the $42k support so far but still it does not look convincing.
May retest the $39k-$40k zone which is an important support for BTC. BTC not below $39k for any bullish movement
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.