#BTC/USDT DAILY UPDATE !!Hello, members and welcome to this BTC /USDT quick chart analysis.
Nothing much has changed yet in this daily time frame.
As we can see ash the above-mentioned chart that BTC/USDT still trading still inside and at a lower trend line in support of descending channel pattern.
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Btcfutures
#BTC/USDT DAILY UPDATE !!Hello, members and welcome to this BTC /USDT quick chart analysis.
As I mentioned in my previous chart there is not much to watch on this daily time frame, the fib retracement bounced BTC is going bullish and altcoin is bullish
The btc/usdt fib label bounced off where btc was $28700 and bounced so that the altcoin became bullish.
So here we can get some good btc bounce
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#BTC/USDT DAILY UPDATE !!Hello, members and welcome to this BTC /USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame BTC is still trading above the support zone which is $29.5k - $30k. and support zone $28.7k and resistance labels is $35k.$40.8k.$47.3k
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#BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERS Hello, members and welcome to this BTC /USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame BTC is still trading above the support zone which is $29.9k - $30.3k and the support zone is $26.9k the resistance labels is $35k.$40.8k.$47.3k
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READY TO PUMP 10% BITCOIN !!Hello, members and welcome to this BTC /USDT4hour chart analysis.
#BITCOIN inverted head and shoulders breakout confirmed lets go champ to $33.3K
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BTC making bullish deep crab $30,800BTC is in process of developing bullish deep 🦀 harmonic on 12 hourly chart. It will complete at $30,800 level, Like always we use bullish harmonics to project future price action. It will take some days or weeks to complete this, Invalidation of this harmonic will be if BTC pumps to $47k level OR consolidation within the range for longer time.
#BTC/USDT DAILY UPDATE BY CRYPTOSANDERS Hello, members and welcome to this BTC /USDT quick chart analysis.
As I mentioned in my previous chart that is Nothing much change to see at this daily time frame BTC is still trading above the support zone which is $29k - $30k.
This is not a piece of financial advice.
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#BTCUSDT Avoid the noise! 80K Incoming!! But don’t buy just Now!Welcome community members in this post, I’ll be going through BITCOIN’S 3 DAY long term chart analysis.
I recommend you all must read the description of this Chart to understand the more clear picture of BITCOIN’S upcoming possible scenario.
This chart is totally based on the past price action followed by BITCOIN, to know the upcoming scenario.
DISCLAIMER: This is not financial or investment advice. This is for education and to understand the market sentiment purpose only. I am not responsible for the profits out of loss you generate from your investments. Trade and invest at your own risk.
BTC's next move ina long-term prediction on the basis of past price action analysis.
DESCRIPTION -
- CASE STUDY: 01
At the price level of $11800, BTC was in accumulation face for 84days with a support level of $9803 price level.
After an accumulation of 84 days, BTC pumped from $11200 to $19300 price level which was 70%.
- CASE STUDY: 02
At the price level of $19900 to $16221, BTC was in reaccumulation face with a support level of $17700.
After a reaccumulation, BTC pumped almost 118% from the $19900 price level and touched the $41900 mark within 24day which was quite fast.
- CASE STUDY: 03
After reaching the $41900 price level BTC again printed some corrections and moved into a reaccumulation face from $36700 to $28800 price level with a support level of $30400.
After a reaccumulation for 24 days, BTC touched the $28800 level and bounced almost 116% within 48 days.
Where BTC continued to form higher highs and lower highs, in which a rising wedge pattern was created.
This could also be seen as an ending diagonal from the perspective of Elliott wave theories.
We saw a new all-time high formation at $64.8k.
- CASE STUDY: 04
After reaching the $64.8k on 13th April 2021. BTC rejected from that level and dropped down to $29.2k in 96 days.
During the bottoming range, we had a phase of reaccumulation, from the perspective of a Wyckoff theory, which was between the $32252 to $37517 price range.
From 15th July 2021 to 18th July 2021 BTC again lossed some % which was almost 10% from the $37517 price level to $29.2k which is also a strong support level.
- CASE STUDY: 05
On 21st July 2021 BTC bounced from the lower strong support level till 6th NOV 2021. Which was almost 140% upward move continued forming higher highs and higher Lows, in which a rising wedge pattern was also created and that could be also seen as an ending diagonal from the perspective of ELLIOTT WAVE THEORY again just like before at the case study - 03.
- CASE STUDY: 06
On 8th Nov 2021 BTC was rejected from the upper trend line at the price level of $69000 by following the Elliot wave theory.
After rejection, BTC dumped almost 48% in just 71 days.
In the current scenario, BTC again moves towards the previous bottom range and shows a reaccumulation from the perspective of a Wyckoff theory.
Current reaccumulation was between $37000 to $44700 for 99 days which is the longest accumulation face to date.
After analyzing the past price action BTC can move down again towards the $29300 which is the longest strong support area for BTC and it also gets a fib level of 0.618 mark at this price level.
After reaching the lower support we can expect on the basis of past price action that if BTC holds the lowest support then we can see a new ATH in the upcoming long run.
CONCLUSION :
1. ACCUMULATE $31.5K TO $35K
2. ONCE BTC TOUCHES THE LOWER TRENDLINE A MEGA RALLY IS EXPECTED THROUGHOUT THE MARKET.
3. LOOK AT THE LONG-TERM PERSPECTIVE.
NOTE: I am not an Elliot wave expert yet and am still learning. My wave counts could be wrong but I’ve tried to give you the best possible info from a longer-term perspective.
Hope you’ll appreciate that.
THANK YOU.
#BITCOIN MOVIG TO WORDS $32.8K SUPPORT ?Hello, members welcome to this BTC /USDT quick chart analysis.
In the current scenario BTC moving down towards the lower support area which is $35K.
According to the current scenario if BTC holds the $34k level and $32.8k then we can see a bounce from that level.
Now, IMO we should sit aside from the market until any bullish divergence forms.
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#BTC/USDT DAILY UPDATE BY CRYPTOSANDERS I have tried my best to bring the best possible outcome to this chart.
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Hello, welcome to this BTC /USDT daily chart update by CRYPTOSANDERS.
Welcome community members in this post, I’ll be going through with BITCOIN’S DAY chart analysis.
As we can see in the above-mentioned chart that BTC dropped more % after breaking the falling wedge pattern and trading above the lower support line.
As you can see the yellow spot marks which represent the fakeout where btc broke the triangle pattern and got back inside the triangle.
Just like before I am expecting that in the current scenario is also a fake-out and it can get back inside the wedge pattern we just need to wait for the daily closing.
If BTC is unable to sustain the lower mid support then lower support will be the most crucial support which BTC needs to must hold to stay bullish in the daily time frame.
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#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS I have tried my best to bring the best possible outcome to this chart.
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CHART ANALYSIS:-Welcome to this quick BTC /USDT update by CRYPTOSANDERS
According to the above chat, this is not a good 4hour close for BTC, with a drop of around 3%.
It has formed upper trend line resistance and $36300 support and lower trend line support in a triangle pattern.
Now BTC has a mark of $35000 which
This is another support level that btc needs to maintain in a bullish mode.
If BTC is unable to maintain the current levels then $31500 is the key support level
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#BTC/USD DAILY UPDATE !Hello, welcome to this BTC/USD daily chart update by CRYPTOSANDERS.
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CHART ANALYSIS :
The Daily Chart
The recent trajectory of lower highs and lows has been forming on the chart, indicating a continuation of the bearish trend. As it seems now, BTC’s price targets the $36K support area in the short term, which has held the price on multiple occasions over the past year. However, a break below it could result in a rapid drop towards the $30K demand zone.
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BTC/USDT 2HOUR UPDATE BY SANDERS !Hello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
Welcome to this quick BTC/USDT update by CRYPTOSANDERS
As per the above-mentioned chat, not a nice daily close for BTC it lost almost 10%.
It broke the upper trend line support, $38200 support, and the lower trend line support of a triangle pattern.
Now BTC is holding the $36500 mark which
This is another support level that btc needs to hold to be in a bullish mode.
If BTC is unable to sustain the current level then $35k is the major support level
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#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
BTC showed 7.5% curection which already liquidated 50x 100x.
Now in the current scenario btc needs to hold the lower trend line support in 4hr time frame for that we need to wait for a candle close inside the channel pattern.
If btc is unable to sustain the lower trend line support then 35k will be another support level.
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#BITCOIN break the resistance?Hello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
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 mentioned in our previous chart that BTC will break and will gain some % that happened till now very well.
BTC also broke the $39000 level resistance and that resistance become now support.
In this scenario, BTC needs to retest the $39000 mark support level which will be more strong confirmation for a bull rally towards the $40800 mark.
In the upcoming hr, BTC will face again the resistance which is $40800 so for a bull run btc must break this resistance level.
Till then we should wait for the break to resistance which will be the signal to get in the market.
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#BTC WILL BREAK OR REJECT WHATS NEXT ??Hello, welcome to this BTC /USDT 1Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
As we can see in the above-mentioned chart that BTC/USDT is still trading inside this triangle pattern and trying to break the upper trend line resistance for the fourth time.
This chart shows that whenever the price reaches near the upper trend line it rejects and moves downside towards the lower trend line maximum times.
In this uncertain market, BTC can brake or also can reject from the current price level, if its able to break the upper trend line then BTC will be bullish and if rejects then it will again fall down to the lower trend line.
For now, it's better to wait for confirmation.
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#BITCOIN is bullish AND bearish AND fake out? ? Hello, welcome to this BTC /USDT 2Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
For now, we should wait for the confirmation to take any position in BTC OR ANY ALTCOINS.
If BTC breaks the lower trend line support then this chart will be invalidated
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#BTC/USDT 4HOUR UPDATE BY SANDERS !Hello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-
On a 4hr chart, nothing many changes we can see BTC is still trading inside the triangle pattern and holding the lower trend line support very well.
As we can see here that btc bounced four times from the lower trend line and four times retested also from the upper trend line.
Now, in the current scenario, BTC/USDT needs to break the upper trend line for a short-term bull trend towards the $42k.
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BTC rejected hard and reached a build-up support again#BTC rejected hard and reached a build-up support again. Price fell till $38,200 mark. If #BTC follows the wedge pattern then we might see some lower low till around $37,000.
Today is weakend and monthly closing as well so.Trade less and use tight stops.
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello members welcome to this BTC/USDT 1D chart update by CRYPTOSANDERS.
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CHART ANALYSIS :
As we can see at the above mentioned chart that BTC bounced right from the lower trend line and trading on a support of the green MA.
Here BTC just need to hold the MA support for upcoming green days or bull rally.
Its highly likely that btc will move upside beacause it bounce just making a bullish divergence at the bottom
If BTC unable to hold the MA support then it can move down to lower trend line one more time.
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#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, members welcome to BTC /USDT 4hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
Show some support, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:
As we can see from the above-mentioned chart that BTC /USDT is trading inside the channel pattern bouncing right from the lower trend line which is the strong support for BTC to be in a bull trend.
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