Btcshort
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC) was once again trading below $24,000 on Friday, as markets began to anticipate the release of U.S. consumer sentiment data.
BTC/USD fell to an intraday low of $23,693.92 earlier in today’s session, less than 24 hours after hitting a peak of $24,177.57.
Today’s move comes as bitcoin was unable to sustain a recent breakout of a long-term ceiling at $24,200.
Looking at the chart, the 14-day relative strength index (RSI) also experienced a breakout, with the index moving below a floor at 58.00
Currently, the index is tracking at a reading of 55.97, with the next visible point of support at the 53.00 zone.
Should bears attempt to reach this level, there is a strong chance that bitcoin will be trading under $23,000.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
bullish trendI was very much pessimistic with bitcoin since 2021 and I was right.
The shorting btc gave me a lot of profit since I took off the top of btc previously.
Economical data indicates that coin will fall off this year.
But I would like to try some short term bullish target to 28500.
MACD is strong and steady. people are still pessimistic. I think perfect opportunity to surprise the market by pumping little more and make investors to be feel confused.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes.
Following a low of $23,644.32 on Wednesday, BTC/USD surged to an intraday high of $24,572.09 earlier in the day.
As a result of this, the world’s largest cryptocurrency broke out of a key resistance level at the $24,200 point.
This rebound also came as the 14-day relative strength index (RSI), bounced from a floor of its own at 59.00
Currently, the index is tracking at a reading of 59.90, with the next visible point of resistance at the 66.00 zone.
Should bulls attempt to reach this level, there is a strong chance that bitcoin will be trading above $25,000.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
Bitcoin to stall at current highs?Bitcoin - 24h expiry - We look to Sell at 25149 (stop at 25674)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Bespoke resistance is located at 25200.
25200 has been pivotal.
Resistance could prove difficult to breakdown.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 23849 and 23649
Resistance: 24200 / 24500 / 25000
Support: 23800 / 23500 / 23000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) extended recent declines on Wednesday, as markets began to anticipate the upcoming FOMC minutes report.
Today’s report will shed light on the Federal Reserve’s current view of the U.S. economy, in light of last month’s 25-basis-point hike.
As a result, BTC/USD fell to an intraday low of $23,902.54 on hump day, less than 24 hours after hitting a high of $24,824.10.
The decline comes following two breakouts, first the 14-day relative strength index (RSI) moving below a support point at 61.00, plus prices falling under $24,200.
Currently, the index is tracking at a reading of 59.24, which is its weakest point since February 14.
A floor at 58.00 awaits remaining bulls, which could potentially help ease the current bleeding in prices.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) remained close to the $25,000 level to start the week, as market sentiment shifted towards bulls.
Following a high of $25,093.06 on Sunday, BTC/USD is currently trading at $24,808.03 at the time of writing.
Monday’s move comes as prices bounced from a recent support point at $24,200, and now appear to be on course for a ceiling $1,000 away.
Overall, the catalyst of this surge appears to be the 10-day (red) moving average, which crossed its 25-day (blue) counterpart over the weekend, in a move known as a “death cross.”
In addition to this, the relative strength index (RSI) once again moved beyond a resistance point at 64.00.
As of writing, the index is currently tracking at 65.88, which is marginally below a hurdle at 66.00, and this could be a reason why BTC has fallen from earlier highs.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
BTC heavy resistance - 3 main targets$25.000 is where BTC meets 200 weekly MA + trendline of log pitchfork + august top and it seems to be heavy resistance.
Combined with the macro i think a correction is due to round off this bearmarket rally. I'm looking at 3 main price levels to buy for longterm HODL:
- golden Fib buy zone of around $19.000
- last bottom of around $16.400
- Next support of $14.000
I feel like it's more of a 'when' than 'if' question around hitting these prices. especially for buy order 1.
Because in december at 16k we were all expecting 14k, and then all of a sudden in february we think we won't ever see below 20k again? Thats a big FOMO switch of mind IMO.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) BTC has also formed an Adam and Eve chart pattern and attempting to break out its neckline and making it weak in each attempt of breakout.
We've to wait for a breakout with a successful retest above it, which would confirm a strong bullish rally in the market.
If the bottom is closed then the chat will be invalid
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) moved toward the $25,000 mark on Saturday, as crypto markets rebounded from yesterday’s declines.
Following a low of $23,712.05 on Friday, BTC /USD raced to an intraday high of $24,924.04 earlier in the day.
As a result of this move, bitcoin once again broke out of its long-term resistance level at the $24,200 point.
the 14-day relative strength index ( RSI ) also moved back above its own resistance level at 65.00, after tracking near the 61.00 mark on Friday.
As of writing this, price strength is currently at a reading of 65.29, with a ceiling at 70.00 a possible target for bulls.
The 10-day (red) moving average has also fully shifted course, and looks to be nearing an upward cross with its 25-day (blue) counterpart.
Should this occur, BTC could be above $26,000 before the end of the weekend.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary
BTC /USDT
TREND ANALYSIS
We have 1 Downtrend in red color .
We have 1 Uptrend in Green color .
Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are very tight stop losses that could be used in high leverage future trading.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
BTCUSDT BEARISH DIVERGENCEHere we can see that BTCUSDT in 1 day time frame is forming a bearish divergence and if the MACD line cuts the signal line we can get a confirmation for the divergence. So we can take SHORT TRADES in any alt coin also the price has a major resistance zone at the current price.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) fell sharply below a high above $25,000 on Friday, as crypto markets moved into consolidation.
BTC/USD dropped to an intraday low of $23,460.76 during today’s session, which comes a day after hitting a high of $25,134.12.
The sell-off seems to have occurred as a result of bitcoin bulls being unable to maintain a breakout of a ceiling at $24,200.
Looking at the chart, the 14-day relative strength index (RSI) also moved back below its own resistance level at 65.00.
As of writing, price strength is currently at a reading of 61.89, which isn’t too far off from a support of 59.00.
BTC has already begun to rebound from its earlier lows, with prices now trading at $23,820.98 at the time of writing.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
more updates on btc buying more opportunity to buy short position around my line above.
don't do margin or leverage more than double.
trading is all about being patient.
I am currently holding little postion but willing to buy more short position if goes above 23000.
18500 was my first short position.
FED will raise interest rate soon also.
MACE will be very much overbought within next week soon.